Intercare Insurance Puts the Federal Kibosh on an Inside Job By Robert Warne - December 8, 2003
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Operating out of adjacent cubicles two Intercare Insurance Services employees in Roseville managed to fraudulently bank $775,000 from the third party administrator in just under a year.
Even though Shawn Robert Glass worked at Intercare as a claims accountant and Lori Meyer Torbert as a claims and premium account supervisor, it was their graphic design abilities that enabled them to funnel the funds out the backdoor.
According to the Department of Justice the couple stole outgoing checks they were responsible for depositing between July 2002 and October 2003. Then with the aid of a home computer, Glass and Torbert would "recreate" the stolen checks to make them deposit friendly for one of their accounts or their friend Jurl L. Williams’account.
Intercare’s CFO was tipped off to the scheme by an anonymous call which triggered an internal investigation that was eventually turned over to the FBI.
An Intercare representative told the Sacramento Bee that the money stolen was covered by insurance and did not affect the company's clients or payments to injured workers.
A Federal Grand Jury in Sacramento indicted Glass, Torbert and Williams with 30 counts of bank fraud, Dec. 3. Also, Glass and Torbert were charged with one count of conspiracy to launder monetary instruments.
Adjuster / Examiner Claims Examiner Santa Ana Unified School District Santa Ana, CA
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