Former insurance executive gets 6 years for fraud
St. Louis, MO – A former insurance executive on Tuesday was sentenced to six years in prison for using customers' mortgage money to support his drug habit, pay his personal credit card, and pay for adult entertainment.
Thomas Kurzenburger, Jr. must also pay back $5.7 million. He was a vice president of a Clayton title company called Title Insurers.
The government says Kurzenberger in the past five years withdrew millions of dollars from company escrow accounts. He pleaded guilty to mail fraud in November.