‘Crime such as this drives up costs for hardworking families and undermines the trust that Floridians deserve to have in the marketplace.’
An undocumented migrant has been arrested on charges of insurance fraud following an investigation by the Department of Financial Services.
Chief Financial Officer Blaise Ingoglia announced that Luigino Jose Bosco was arrested after officials with the Criminal Investigation Division (CID) looked into allegations of insurance fraud, application fraud, grand theft and organized scheme to defraud.
CID investigators say an insurance company filed a complaint accusing Bosco of filing bogus life insurance policy applications. The applications filed used personal information from other people. He’s accused of using the fraudulent applications to get insurance commission payments. Ingoglia said about $5,000 in bogus payments were garnered by Bosco.
“Let this arrest serve as a warning. Whether you are here legally or illegally, Florida is not the place to run your fraud scheme. If you think you can steal someone’s identity, falsify applications, and profit off of unsuspecting Floridians, think again,” Ingoglia said in a press release.
“Crime such as this drives up costs for hardworking families and undermines the trust that Floridians deserve to have in the marketplace. I applaud the work of our Criminal Investigations Division on this case and putting Bosco behind bars.”
The case is being prosecuted in Miami-Dade County. Ingoglia added that Bosco has been in the U.S. illegally and is also wanted by the U.S. Immigration and Customs Enforcement.
If he’s convicted, Bosco could be sentenced to a maximum of five years in prison.
Ingoglia has stepped up criminal investigations since he was appointed CFO by Gov. Ron DeSantis last year.
In June Ingoglia oversaw the CID arrests of a dozen people accused of conducting a scheme to defraud public assistance programs in Florida.
The 12 people were arrested in connection to administrative action cases in May that involved public assistance funding. Ingoglia said the plots involved about $806,000 combined in public assistance following CID probes.
The people arrested in that bust were connected to $487,728 defrauded from public assistance programs. The Bureau of Public Assistance Fraud reviewed an additional 48 cases and found $318,895 combined in funding that they say was also defrauded.