Businessman Gets 37 Years for $100M Insurance Premium Fraud

A businessman who prosecutors say stole more than $100 million in insurance premiums to live a life of luxury has been sentenced to 37 years in prison.

Forty-year-old Jeffrey Brian Cohen of Reisterstown, about 25 miles northwest of Baltimore, was also ordered to pay restitution at sentencing Thursday in Baltimore federal court, prosecutors said in a news release.

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