main menu page title feature menus content footer
My Florida C F O

CFO's Initiatives

Stay Connected

Follow the
Department of
Financial Services

Sign up for the CFO's
weekly newsletter!

Press Release

News   RSS RSS   Press Office   Archive

CFO Sink: Tampa Duo Arrested for over $40,000 in PIP-related Fraud

6/25/2008

CONTACT: Brannon Jordan or Kevin Cate
(850) 413-2842

TAMPA – Florida Chief Financial Officer Alex Sink today announced the arrest of two Tampa women on charges they allegedly billed insurance companies for over $40,000 in Personal Injury Protection- (PIP) related fraud charges.
 
Emilia Morejon, 34, and Yusdelin Castillo Valdes, 24, of Tampa are alleged to have submitted fraudulent bills  totaling over $40,000 to several insurance carriers.  Morejon, owner of Personal Injury Clinic, and Valdes, the clinic receptionist, submitted fraudulent bills for treatment not rendered. The two were arrested Monday, booked into a Hillsborough County jail, and charged with Second Degree Insurance Fraud and Patient Brokering.  If convicted, they could potentially face up to 15-years in prison.
 
The Department of Financial Services, Division of Insurance Fraud (DIF), was assisted in the investigation by the National Insurance Crime Bureau (NICB) and AIG Insurance.
 
The cost of insurance fraud is estimated at as much as $1,400 a year in premiums for the average Florida family.  The DIF investigates various forms of fraud in insurance, including health, life, auto, property and workers' compensation insurance. 
 
Depending on the estimated loss amount, the department will pay up to $25,000 for information directly leading to an arrest and conviction.  Anyone with information about this or any other suspected insurance fraud is asked to call the department's Fraud Fighters Hotline at 1-800-378-0445 or log on to www.MyFloridaCFO.com/fraud. Complaints can be tracked online.
 
As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Alex Sink oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. CFO Sink also serves as the State Fire Marshal.