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Tampa-area Senior Helps Catch Convicted Scammer in Undercover Sting

12/10/2009

CONTACT: Kyra Jennings or Jennifer Hirst, 850-413-2842
 
TALLAHASSEE – Florida CFO Alex Sink today announced the arrest of Randolph Kahl-Winter, a previously convicted senior scammer, after a vigilant Tampa-area senior tipped off investigators and participated in an undercover sting operation. 
 
After learning how to identify annuity fraud at one of CFO Sink’s ‘Safeguard Our Seniors’ workshops, the brave senior helped Division of Insurance Fraud investigators nab Kahl-Winter and another man, Donald Robert, who was also in the scam.
 
“This unscrupulous scammer met his match when he tried to prey on another senior just months after previously being convicted of grand theft,” said CFO Sink. “This case is another disturbing example of why we need to create tougher penalties and better protections for Florida’s seniors.”
 
Kahl-Winter was charged with making insurance transactions without a license and violation of probation, and Robert was charged with aiding and abetting an unlicensed insurance agent.  Kahl-Winter and Robert, both of New Port Richey, were booked into the Pinellas County Jail late yesterday.  Additional charges are pending.
 
With the senior’s tip that Kahl-Winter had misrepresented an annuity she purchased, investigators staged a meeting with the senior to discuss the purchase of another annuity. Kahl-Winter and Robert, currently a licensed insurance agent, met with the victim and had her sign the necessary paperwork. When Kahl-Winter and Robert left the site, Division of Insurance Fraud investigators immediately arrested them.
 
Kahl-Winter had previously been arrested for grand theft and insurance fraud by CFO Sink’s Division of Insurance Fraud in March 2009.  He was convicted, but only sentenced to 10 years probation.  Kahl-Winter also had his insurance license revoked by CFO Sink’s Department in October.
 
To learn more about CFO Sink’s Safeguard Our Seniors initiative or what to consider when purchasing annuities, visit www.FLSeniors.net.  Floridians who believe they may have been the victim of financial fraud should call (850) 413-3089 or toll-free at 1-877-My-FL-CFO (1-877-693-5236), or visit www.MyFloridaCFO.com to file a complaint.
 
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As a statewide elected officer of the Florida Cabinet, CFO Alex Sink oversees the Department of Financial Services. A successful businesswoman with nearly three decades of experience in the private sector, Sink is serving her first term as Florida's CFO. As CFO, Sink's priorities include using her business experience to cut wasteful government spending, cracking down on financial and insurance fraud and reforming the state government's contracting practices.