Former Insurance Agent Pleads Guilty to Misappropriating
BALTIMORE, MD (June 27, 2007) - Attorney General Douglas F. Gansler
announced today that Jerry M. Culpepper, 57, former insurance agent
and former owner of the Culpepper Insurance Agency located in the
6700 block of Belair Road, pleaded guilty in the Circuit Court
for Baltimore County to felony insurance fraud. Judge John Grason
Turnbull, II sentenced Culpepper to probation before judgment and
supervised probation for a period of two years and ordered him
to pay $13, 456.00 in restitution.
The investigation revealed that approximately 29 individuals
insured by the Maryland Automobile Insurance Fund (MAIF) paid their
insurance premiums directly to Culpepper only to learn later that
their automobile insurance had been cancelled for lack of payment.
Auditing revealed that Culpepper misappropriated approximately
$13,456.00 in insurance premiums between February, 2004 and February,
2005. MAIF later reinstated the policies when made aware of the
The indictment follows
a joint investigation by the Insurance Fraud Division of the
Maryland Insurance Administration and the
Office of the Attorney General. In making today’s announcement,
Attorney General Gansler thanked Assistant Attorney General Emmet
Davitt for his work on the case.