Texas Atty Gets 6 Months In Reinsurance Fraud Case

Mon, 02/27/2017 - 08:44
by Abraham Moussako

Law360, New York (February 24, 2017, 7:11 PM EST) -- A Texas attorney accused of defrauding insurance plan managers through a Ponzi-like scheme involving the purported sale of reinsurance has been slapped with six months in prison and a $1.2 million fine after admitting to a single charge that he hindered investigators examining the alleged scam.

Hugh Lappe Scott Jr., an attorney who runs a private practice in the San Antonio area, was sentenced by U.S. District Judge Xavier Rodriguez Thursday following his guilty plea in 2016 to a charge of being an accessory after the...

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