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Former Insurance Broker Sentenced for Fraud

Thursday, September 21, 2017 | 697 | 0 | 0 min read

A former insurance broker has been sentenced to three to nine years in prison after pleading guilty to grand larceny and fraud. Kimberly Graziano Kimberly Graziano, 44, of Middle Island, also must pay $1.8 million in restitution to the victims she defrauded through her firm, K.A.G. Insurance Brokerage in Islandia. Most of the victims were cement truck fleet operators, towing companies and snow-removal businesses. They lost thousands of dollars in fines for operating without valid workers’ compensation coverage the firms believed they had purchased through Graziano, Suffolk County Di...

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