• Tygarts Valley 59Hannan 8Final[ view all ]
  • Sissonville 26Liberty 7Final[ view all ]
  • Doddridge County 27Valley Wetzel 7Final[ view all ]
  • Clay-Battelle 20Van 12Final[ view all ]
  • Lewis County 42Elkins 0Final[ view all ]
  • Braxton County 13Webster County 12Final[ view all ]
  • Grafton 50Lincoln 49Final[ view all ]
  • Robert C. Byrd 56North Marion 21Final[ view all ]
  • Morgantown 21John Marshall 6Final[ view all ]
  • Pendleton County 50Tucker County 6Final[ view all ]
  • Magnolia 34Tyler Consolidated 0Final[ view all ]
  • University 29Preston 25Final[ view all ]
  • Fairmont Senior 35Buckhannon-Upshur 27Final[ view all ]
  • Notre Dame 34Gilmer County 13Final[ view all ]
  • Saint Marys 42South Harrison 7Final[ view all ]
National News | Closings | Funerals | HighScore | Monday's Most Wanted | Crime Watch | TV Lisitngs | Lottery | Bio's | FCC File | More ›
Parkersburg Insurance Agent Charged With Fraud
Written by Your 5News Team
Created on October 24, 2012 @ 3:28PM
HUNTINGTON, W.Va. (AP) - A Parkersburg insurance agent faces charges of defrauding clients through a scheme that included phony companies and policies.
U.S. Attorney Booth Goodwin says a federal grand jury indicted 53-year-old Lloyd B. Carr on 35 counts. The charges issued Tuesday include mail fraud, wire fraud, insurance fraud and money laundering.
Carr is accused of persuading clients to terminate existing life insurance contracts or take money from individual retirement accounts. The money was supposed to be invested in new insurance policies.
The indictment charges that Carr used at least some of the money to buy expensive vehicles and clothes.
Carr also is accused of creating fake insurance companies and policies to show clients that their retirement savings were invested.
A telephone listing for Carr in the Parkersburg area could not be found.

Add your Comment
You must have an active WDTV.COM user account to post comments. Please login to your account, or create your free account today!

Comments (0)
WVFX FOX10 on Facebook
WVFX FOX10 on Twitter
WDTV on YouTube
Contact WDTV
WDTV Mobile App