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    Four-year prison sentence for owner of Rosebud County Insurance over customer payment theft

    2024-01-07

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    Billings, Montana - Kileen Moria Hagadone, 57, of Forsyth, owner of Rosebud County Insurance Inc., has been sentenced to four years and three months in prison, followed by three years of supervised release, and $155,436 in restitution, for defrauding customers after admitting to misusing customer payments for personal expenses.


    Key Points

    • Rosebud County Insurance Inc. acted as a broker between customers and national insurance companies.
    • Hagadone failed to transmit clients' premium payments to the insurance companies, resulting in uninsured customers.
    • She repeatedly lied to her clients and embezzled the money.
    • The fraudulent activities lasted from 2020 until April 2023.
    • Chief Dull Knife College of Lame Deer was a victim, paying $91,883 in 2021 for insurance coverage that was never provided.
    • Hagadone impersonated a college employee to set up a fraudulent premium finance agreement.
    • In November 2022, she created a fictitious insurance policy for the college and charged $98,893, which was also embezzled.
    • The college was unknowingly without insurance from April 2022 until April 2023.
    • Hagadone similarly defrauded other customers, typically involving smaller amounts.
    • In August 2023, Hagadone pleaded guilty to wire fraud and aggravated identity theft.


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