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Ex-NH insurance agent gets 18 months in fraud case - WCAX.COM Local Vermont News, Weather and Sports-

Ex-NH insurance agent gets 18 months in fraud case

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LYME, N.H. (AP) - A former New Hampshire insurance agent is going to federal prison for 18 months for her conviction on charges she defrauded her elderly mother-in-law of nearly $500,000.

Federal court documents say Josephine Rich, 57, of Lyme, used the money to support herself, her family and her business, the Everett Rich Insurance Agency.

Prosecutors say Rich stole the money from Verna Rich's accounts at the Ledyard Savings Bank.

Rich had tried to avoid prison. She asked for a sentence of six months of home confinement, three years of supervised release and 1,000 hours of community service. Prosecutors had asked for a sentence of 27 months.

The Valley News reports the transactions involved several bank and investment accounts belonging Rich's mother-in-law between 2004 and 2009.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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