Man Convicted of Fraud in Insurance Scam; He Collected $507,000 in Disability Payments

Summary

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Over 14 years, Kadaba Sreevatsan collected $507,000 in disability payments from the Milwaukee-based Northwestern Mutual Life insurance company, certifying again and again that he suffered from dementia so bad he couldn't work, couldn't manage his household and couldn't read more than a page at a time without developing debilitating headaches.

During the same period, prosecutors say, Sreevatsan ran businesses that won contracts with the U.S. Department of Defense.

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Extract

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Man Convicted of Fraud in Insurance Scam; He Collected $507,000 in Disability Payments

After a three-day trial, a federal jury on Monday convicted Sreevatsan, 62, of six counts of mail fraud, agreeing with Assistant U.S. Attorney Matthew L. J...

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