Ex-Carmel insurance company employee sentenced to 30 months in prison, ordered to repay $496,000

Maria Caceres, 56, of Coral Springs, Fla., and formerly of Hamilton County, was sentenced April 14 to 30 months in federal prison following her wire fraud conviction, to which she had previously pleaded guilty.

According to the U.S. District Attorney’s Office, Caceres was employed by Seven Corners, a travel insurance company in Carmel. Between May 2011 and September 2016, Caceres prepared and submitted 30 fraudulent insurance claims to Seven Corners totaling over $650,000. As part of the scheme, Caceres and his accomplices created fictitious names under which they purchased insurance policies from the victim company.

Caceres and his accomplices created fake email addresses on behalf of a hospital in Venezuela and submitted claims to the victim company for alleged emergency medical services provided to the fictitious people while traveling internationally. In fact, none of the expenses were ever incurred and Caceres had created artificial customer accounts and false documents in support of the claims.

As a result of the fraud, Seven Corners paid over $588,000 into accounts controlled by Caceres’ accomplices.

The FBI investigated the case. The sentence was handed down by U.S. District Judge Richard L. Young. As part of the sentence, Young ordered that the defendant be supervised by the US probation office for one year after her release from prison. Caceres was also ordered to pay more than $496,000 in restitution.