Manson Insurance officials ordered to pay $5.2M to fraud victims - WAOW - Newsline 9, Wausau News, Weather, Sports

Manson Insurance officials ordered to pay $5.2M to fraud victims

Posted:

 

WAUSAU (WAOW) -- Manson Insurance officials have been ordered to pay more than 5 million dollars in restitution to fraud victims. This is all according to a federal ruling issued earlier this week.

The list of about 700 victims includes many central Wisconsin companies and businesses.

Former Manson Insurance CEO, David Schofield, was sentenced in October to five years in prison. This came after an FBI raid in 2010.

Former company Treasurer, Susan Brockman of Hayward, was sentenced to six months in prison. Damages owed range from more than $600, 000 to less than 10 dollars.

According to court documents, Schofield and Brockman must pay back the money in 250 dollar monthly installments once they are released from prison. 

Powered by Frankly