Video courtesy of the Office of Chief Financial Officer Blaise Ingoglia. To watch video, click here or above. 

TALLAHASSEE, Fla.- Today, Florida Chief Financial Officer Blaise Ingoglia announced the latest arrest as his ongoing state-wide crackdown on fraud continues. Last week, the Department of Financial Services Criminal Investigations Division (CID) arrested Luigino Jose Bosco, an illegal immigrant, who has been charged with insurance fraud, application fraud, grand theft, and organized scheme to defraud. Bosco faces up to 5 years in prison if convicted.

Chief Financial Officer Blaise Ingoglia said, “Let this arrest serve as a warning. Whether you are here legally or illegally, Florida is not the place to run your fraud scheme. If you think you can steal someone’s identity, falsify applications, and profit off of unsuspecting Floridians, think again. Crime such as this drives up costs for hardworking families and undermines the trust that Floridians deserve to have in the marketplace. I applaud the work of our Criminal Investigations Division on this case and putting Bosco behind bars.”  

The Department of Financial Services Criminal Investigations Division first began its investigation into Luigino Jose Bosco after receiving a complaint from an insurance company alleging that fraudulent life insurance policy applications were being submitted by Bosco using personal information from unsuspecting people. Sworn statements from the victims and evidence gathered by CID uncovered Bosco’s alleged scheme to file these fraudulent policy applications for financial gain in the form of advance insurance commission payments, totaling $5,043.23. Upon his arrest, CID found that Bosco was also wanted by ICE.

The case is being presented to the Miami-Dade Attorney’s Office for prosecution.