NEWS RELEASE
Office of Maryland Attorney General J. Joseph Curran, Jr.


July 25, 2001 Media Inquiries: Sean Caine 410-576-6357

ATTORNEY GENERAL INDICTS BALTIMORE BUSINESS MAN ON INSURANCE FRAUD CHARGES

Baltimore - Attorney General J. Joseph Curran, Jr., announced today the filing of criminal insurance fraud charges against Lewis Mulitz, president of PICO Industries of Baltimore. In a three count criminal indictment filed in the Circuit Court for Baltimore City, Mulitz was charged with insurance fraud, conspiracy to commit insurance fraud and conspiracy to commit felony theft.

The charges allege that in May of 1995, Mulitz conspired with others to file and did file a fraudulent application for Worker’s Compensation Insurance with the Injured Workers’ Insurance Fund. If convicted of felony insurance fraud or conspiracy, Mulitz could be sentenced to serve 15 years in prison on each count.

The indictment follows a joint investigation conducted by the Office of the Attorney General, the Insurance Fraud Division of the Maryland Insurance Administration and the Maryland State Police. A criminal indictment is merely an accusation of wrongdoing, and every individual is presumed innocent until the charges are proven by the State. No trial date has been set.

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