October 24, 2020

Mississippi man accused of selling policy from imaginary insurance company

A Fulton, Mississippi, man who allegedly defrauded an Alabama resident was arrested Friday on one count each of insurance fraud, false pretense, and mail fraud, Attorney General Jim Hood announced.

Matthew Perry, 34, was indicted by an Itawamba County grand jury on charges that claim he profited from and issued commercial liability insurance to the victim, knowing he could not provide coverage. The indictment states that Perry was not licensed to sell insurance in Mississippi, and the company listed as the insurer does not exist. He was booked into the Itawamba County jail pending an initial appearance.

If convicted on all three counts, Perry faces up to eighteen years in prison. A charge is merely an accusation, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

This case was investigated by Justin Harris and will be prosecuted by Special Assistant Attorney General Lakeita F. Rox-Love, both with the AG’s Public Integrity Division. It was referred by Mississippi Department of Insurance.