Michael Napadow of Nations Hazards Scam Sentenced

[hausdok]

By Mike O'Handley

Word has come to us that on March 5th U.S. District Judge Leinenweber sentenced Michael Napadow, the perpetrator of the Nations Hazard Insurance scam against home inspectors in the early part of this decade, to a total of five years imprisonment and and three years supervised release. Napadow has also been ordered to make restitution in the amount of $299,747.75.

Napadow is currently serving a sentence for a tax scam fraud - stemming from a case in Florida - and his sentence is to run consecutively, which means that his sentence will not begin until he's completed the time on the Florida-related conviction.

Those interested in more information should contact:

Ted L. Bader, CFE

Chief Investigator

Legal Affairs Division

Office of Insurance Commissioner

P.O. Box 40255,

Olympia, WA. 98504-0255

[Chad Fabry]

Beautiful