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Nassau gets last payment in insurance scandal.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 29-MAR-05 |
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COPYRIGHT 2005 Daily News
Byline: Laura Williams
Mar. 29--Marking the final chapter of the insurance scandal that helped bring down an administration, Nassau County yesterday received its last payment from defendants.
The five-year investigation into the $70 million Benefit Plan Administrators scandal resulted in 11 convictions. And yesterday's $3.25 million payment, from assets forfeited by five of those convicted, brought the total restitution to $22million.
"The county is using the money to set up better...
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