Register for a free trial!
Call or email us anytime
(805) 484-0333
Search Guide
Today is Friday, April 19, 2024 -

SEARCH RESULTS

14 Results

Kingsley Capital Management v. Board of Directors of Park Avenue Bank of New York

12/17/2020
president CEO and a member of the board of directors of Park Avenue Bank. Antonucci was present during the pitch to Kingsley and confirmed much of what Huff and the other promoters claimed including that Oxygen was "doing very well.'" Doc. 1 ¶ 42. At a later time Kingsley alleges that Antonucci

Category: Cases

Huff to Serve 12 Years for Scheme that Left Guaranty Associations with Millions in Liabilities

06/08/2015
associate then stealing millions from the carrier after the transaction was completed. Huff used Charles J. Antonucci president and chief executive officer of Park Avenue Bank and Matthew L. Morris senior vice president of the bank as well as Allen Reichman an executive at investment banking firm

Category: News

Regulators Peg Losses at $100M as Park Avenue Criminal Case Draws to a Close

03/02/2015
bank bribery conspiracy to defraud bank regulators and to fraudulently buy an Oklahoma insurer. Prosecutors described Huff a former insurance agent and PEO executive as the "vortex of the fraud" at Park Avenue. Park Avenue Bank President Charles Antonucci 64 and former Park Avenue Senior

Category: News

Alleged Ringleader in PEO Fraud Scheme Pleads Guilty, must Pay $139M

12/29/2014
Property and Casualty Co. Court papers further allege that from 2007 to 2010 Huff engaged in a "massive multifaceted conspiracy" through which he secured favorable treatment from Park Avenue Bank by paying hundreds of thousands of dollars in bribes to Charles J. Antonucci president and chief executive

Category: News

Toll from Park Avenue Insurance Scam Still Rising

03/25/2014
2012 the grand jury in New York alleged Huff Antonucci and Morris conspired to steal 2.3 million from General Employment Enterprises a publicly traded staffing company to reimburse Park Avenue Bank for some of the money used for the acquisition of Providence Property and Casualty Co. Huff

Category: News

Prosecutors Put Huff at the 'Vortex' of Park Avenue Collapse

10/09/2012
at Park Avenue Bank through which he controlled the network's finances and wrote 9 million in overdrafts. Prosecutors said that beginning in 2008 Huff Morris and Antonucci engaged in a scheme to prevent Park Avenue Bank from being designated as "undercapitalized" which would have barred it

Category: News

Investor's Suit over Comp Insurance Fraud Heads to N.Y.

08/17/2012
allegedly perpetrated by Wilbur Anthony Huff Brian Nelson Sly and Charles J. Antonucci. Kingsley claimed that Huff a former Kentucky insurance agent previously convicted of mail fraud who has been implicated in several other insurance scandals in recent years induced him into buying membership

Category: News

Pixler and Huffs Face $19.3 Million Verdict in Cascade Collapse

05/25/2010
owner Charles Antonucci Sr. Holland said in court filings Anthony Huff arranged the deal whereby Antonucci bought another insurer Providence Property and Casualty in January 2009 and renamed it PAPC. On May 12 2010 she won court approval to seize Imperial Casualty and Indemnity Co. a former

Category: News

Imperial Probe Growing Following Liquidation Order

05/17/2010
confirmed that Huff assisted with the purchase. Timothy Pfister a New York attorney asked to review the transaction questioned what he called the transfer of "custodial" assets the insurer's bond portfolio from the seller to the buyer. Holland alleged in the court filings that Antonucci bought

Category: News

Holland Alleges 'Systematic Looting' of Comp Carrier

04/09/2010
in past filings that Huff a former South Florida PEO executive who was convicted of mail fraud in Kentucky in 2004 and banned from conducting insurance business acted as the go-between in setting up the deal and collected a brokers' fee from Antonucci. Huff's attorney has denied the allegations

Category: News

0 1

Advertisements

Advertise with us

Now Trending

Jobs

Upcoming Events

  • May 5-8, 2024

    Risk World

    Amplify Your Impact There’s no limit to what you can achieve when you join the global risk managem …

  • May 13-15, 2024

    NCCI's Annual Insights Symposi

    Join us May 13–15, 2024, for NCCI's Annual Insights Symposium (AIS) 2024, the industry’s premier e …

  • May 13-14, 2024

    CSIA Announces the 2024 Annual

    The Board of Managers is excited to announce that the CSIA 2024 Annual Meeting and Educational Con …

Workers' Compensation Events

more

Social Media Links


WorkCompCentral
c/o Business Insurance Holdings, Inc.
PO Box 1010
Greenwich, CT 06836
(805) 484-0333