June 3, 2003
Sean Caine, 410-576-6357
TOWSON INSURANCE COMPANY PRESIDENT CHARGED WITH INSURANCE FRAUD
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.
convicted of felony theft or insurance fraud, Slattery could be
sentenced to serve up to fifteen years in prison on each count.
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.