Byron Frisch charged in $50 million insurance scam

Bryon Frisch, a former NFL player, was among four people changed in San Diego with participating in a $50 million insurance fraud scheme. Bryon Frisch played for Tennessee Titans, Dallas Cowboys, New York Giants and San Francisco 49ers.

By Associated Press / August 3, 2013

A former NFL defensive lineman is among four people charged in San Diego with participating in a $50 million insurance fraud scheme.

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U-T San Diego reports 36-year-old Byron?Frisch was charged along with three others with conspiracy to commit mail and wire fraud.

Frisch and others are accused of submitting false information to obtain more than $50 million worth of life insurance policies for unqualified applicants who didn't plan to pay the policy premiums. Authorities say they received more than $1.6 million and the ability to sell the policies to investors.

The four allegedly recruited elderly individuals to apply for purported free life insurance policies with million-dollar death benefits, then submitted applications with false details.

Frisch, a self-employed financial adviser, played for Tennessee Titans, Dallas Cowboys, New York Giants and San Francisco 49ers.

Copyright 2013 The Associated Press.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/lULxGhuTW5g/Byron-Frisch-charged-in-50-million-insurance-scam

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