Belfast Telegraph

Thursday 17 April 2014

Broker denies defrauding famous

An insurance broker has been accused of overcharging Tom Hanks (AP Photo)

A Southern California insurance broker has denied defrauding Hollywood star Tom Hanks and former lead guitarist of The Police Andy Summers.

The US attorney's office said Jerry Goldman was arrested yesterday at his Thousand Oaks home in California and released from federal custody on a 25,000-dollar (£15,700) bond posted by his wife.

A federal grand jury in Los Angeles indicted him on October 30 on fraud charges.

Prosecutors claim he overcharged Hanks, Summers, 69, and two others by around 800,000 dollars (£503,000) on insurance premiums, inflating some premiums by as much as 600%.

Details have not been released, but the indictment refers to insurance policies covering everything from worker's compensation to fine art.

Calls seeking comment from the celebrities' representatives were not immediately returned.

A trial date has been set for December 18.

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Horoscopes

Your Horoscopes by Russell Grant

Aries:

Responsibilities involving insurance, inheritances and taxes will command your attention. Don't put these matters off a moment longer. You may be busy with work and family, but these duties will never let up. If you continue to spend all of your energy on these things, you'll miss a golden opportunity. Ask colleagues and relatives for help with mundane errands while you focus on the long term financial future. If you don't protect your economic interests, nobody else will.More