An ex-insurance adjuster was set to plead guilty to charges he helped a former Rhode Island radio personality file a phony insurance claim for more than $40,000.
Federal prosecutors said Vincent DiPaolo of Johnston was to plead guilty to conspiracy and four counts of mail fraud on Tuesday in U.S. District Court in Providence. He is the last of four defendants to plead guilty in connection to the scheme.
Prosecutors said DiPaolo helped ex-radio personality Lori Sergiacomi file an insurance claim after two other defendants intentionally damaged her North Providence home. Prosecutors said her home was damaged in the historic 2010 floods, but Sergiacomi did not have flood insurance. Her insurance claim blamed damage on a fictitious wind and rain storm.
Prosecutors said they will recommend a lesser sentence for DiPaolo.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance
How Insurers Know When It’s Time to Scale AI
Space Startups Seek Insurance for Orbital AI Data Centers
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 

