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Home » President of insurance brokerage firm and CEO of marketing company charged in $161m Affordable Care Act enrollment fraud scheme

President of insurance brokerage firm and CEO of marketing company charged in $161m Affordable Care Act enrollment fraud scheme

Feb. 19, 2025 — An indictment was unsealed today charging Cory Lloyd of Stuart, Florida, and Steven Strong of Mansfield, Texas, in connection with their alleged participation in a scheme to submit fraudulent enrollments to fully-subsidized Affordable Care Act insurance plans (ACA Plans) in order to obtain millions of dollars in commission payments from insurance companies.  Read More