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07/13/2025
Maryland broker, wife sentenced in $20 million fraud scheme
Insurance Business Magazine
A federal judge has sentenced former life insurance broker James William Wilson Jr. and his wife, Maureen Ann Wilson, to prison for orchestrating a scheme that defrauded multiple life insurers of more than $20 million over several years.
US District Judge Deborah K. Chasanow sentenced James Wilson to 12 years in prison following convictions on 13 counts of fraud, three counts of money laundering, two counts of filing false tax returns, and one count of aggravated identity theft.
Maureen Wilson received a four-year sentence after being convicted on one count of conspiracy to commit mail and wire fraud, four counts of mail fraud, two counts of wire fraud, two counts of filing false tax returns, and one count each of conspiracy to commit money laundering and money laundering.
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