Fla. Sentences Trio for Money Laundering

Florida's Chief Financial Officer Tom Gallagher announced Friday that three individuals affiliated with LifeTime Capital Inc., a viatical company that once operated out of Dayton, Ohio, and South Florida, have been sentenced to a collective 22 years in prison for their roles in a large-scale money laundering conspiracy. The sentences were handed down late Thursday afternoon in the U.S. District Court, Northern District of Florida. The convictions stem from an investigation by the department's Insurance Fraud division and the Office of Financial Regulation's Division of Investigations and the...