FORMER TOWSON INSURANCE COMPANY PRESIDENT CHARGED WITH INSURANCE FRAUD AND THEFT

Attorney General J. Joseph Curran, Jr. announced today the filing of felony insurance fraud and felony theft charges against Alfred Murray Slattery, former president and majority owner of Towson-based National Insurance Services. In a seven-count criminal indictment filed in the Circuit Court for Baltimore County, Slattery was charged with committing felony insurance fraud and stealing over $1,574,000 from various premium finance companies from January 2000 through January 2002.

If convicted of felony theft or insurance fraud, Slattery could be sentenced to serve up to fifteen 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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