A Riverside man faces 12 years in state prison for his role in a scheme to defraud two insurance companies by illegally selling liens on workers' comp claims.
Rene Montes, 42, pled guilty on June 7, 2010 to 122 felony counts, including 59 counts each of grand theft and insurance fraud, three counts of tax evasion, and one count of conspiracy. How did Montes manage to rack up such a long list of charges? Well, he didn't work alone. He was the last of four defendants to be sentenced after the other three pled guilty in May.
Montes, who owned a surgery center in La Habra, worked with the three claim adjusters to defraud AIG and Matrix Absence Management out of $1.4 million. Montes sent more than 50 letters falsely claiming to have the authority to negotiate, settle, and collect payment on pending liens on behalf of doctors and hospitals.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
