Former Md. Insurance Agent Pleads Guilty To $2.8M Fraud Scheme
BALTIMORE (WJZ) — A former Maryland insurance agent and financial planner pleaded guilty Monday to wire fraud, in connection with a scheme to defraud clients of more than $2.8 million.
According to his plea agreement, from February 2006 through March 2015, Jonathan Williams, 48, of Boston, MA., worked as a New York Life insurance agent and was licensed to sell insurance in Maryland, and registered with the Financial Industry and Regulatory Authority.
Williams admitted that from 2009 to 201
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