South Carolina man to serve prison sentence for $5M health insurance scheme — 4 things to know

A South Carolina man will serve an 82-month prison sentence for his part in a health insurance scheme, according to abc 4 news.

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Here are four things to know:

1. The man, William Worthy II, helped sell fraudulent health insurance policies to more than 17,000 victims around the United States.

2. Nashville-based Smart Data Solutions marketed the plans.

3. In 2010, the state of Tennessee liquidated Smart Data solutions and related entities after a court found they acted as an unlicensed insurance company.

4. Mr. Worthy II and his co-conspirators embezzled more than $5.4 million for their personal use, and Mr. Worthy II accepted responsibility for more than $7.3 million of losses from the insurance scheme.

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