Louisiana Insurance Commissioner Jim Brown is scheduled for sentencing Jan. 31, 2001, on federal charges stemming from the Cascade Insurance corruption case.
Brown, Former Gov. Edwin Edwards and Shreveport, La., attorney Ron Weems were accused of conspiring to arrange a sweetheart deal for Cascade and its owner, Dallas businessman David Disiere. Brown was the only defendant convicted. He was tried on several counts of fraud and conspiracy and was convicted on seven counts of lying to federal agents. Brown is the third consecutive insurance commissioner in Louisiana to be convicted on corruption charges.
Was this article valuable?
Here are more articles you may enjoy.
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home From This Issue
