Kevin Kolenda, a Connecticut businessman who insurers golf tournament hole-in-one prizes but has a history of not paying, pleaded guilty today in King County Superior Court to two counts of selling insurance without a license and one count of first-degree theft.
Kolenda started Golf Marketing in 1995 and sold hole-in-one insurance coverage to charity golf tournaments across the country including in Washington state. He repeatedly failed to pay winning golfers, leaving charities to come up with the prize money. To skirt prosecution, he also changed the name of his business several times.
Other states where Kolenda sold bogus insurance including: Montana, Ohio, Georgia, California, New York, Hawaii, Alabama, Massachusetts, Florida, Connecticut and North Carolina.
Kolenda paid $10,000 in restitution today. He will pay another $5,000 in four months, when he returns to Seattle for sentencing.
Popular Posts
-
Before we get started, this is the one hundredth post of this blog. It started in February 2009 as one of my leadership tasks as president o...
-
Earlier this month, the Washington Healthplanfinder (our state's health insurance exchange) opened its toll-free hotline to start answe... -
I broke the news to Evelyn. My aunt, Jean Davis, died early Saturday morning. It was my duty to call all of her friends, make the final arra...
-
<$BlogPageTitle$> <$BlogItemBody$>
-
Version 0.1.6 of the ChainLadder package has been released and is already available from CRAN . The new version adds the function CLFMdelta... -
<$BlogPageTitle$> <$BlogItemBody$>
Affiliate Programs
