County Claims Adjustor Convicted of Theft
MD ( February 23, 2010) - Maryland Attorney General
Douglas F. Gansler announced today that Chae Hyong Chu, 40,
of Gaithersburg, has been sentenced on a single count of felony
theft. Montgomery County Circuit Court Judge Nelson W. Rupp,
Jr. imposed a five year suspended sentence, two years probation,
and 50 hours of community service.
From May 2005 through September 2007, Chu, a licensed insurance
agent working as a claims adjustor for Progressive Insurance Company,
issued six checks from Progressive to himself or his wife and deposited
the checks into his personal bank accounts. Over the two year period,
Chu stole a total of $39,113 from Progressive. Chu has since made
full restitution. He also admitted that he issued and endorsed
all six checks and that his wife was unaware that any of the checks
had been issued in her name.
The conviction follows
a joint investigation by the Insurance Fraud Division of the
Maryland Insurance Administration, the Maryland
State Police and the Office of the Attorney General. In making
today’s announcement, Attorney General Gansler thanked Assistant
Attorneys General Roberta Siskind and Ilene Nathan for their work
on the case.