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Final Manson Insurance scam suspect sentenced

6:44 PM, Apr. 10, 2013
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A former Wausau banker was sentenced in federal court Wednesday to 30 days in prison and fined $25,000 for loan fraud in connection with a multimillion-dollar fraud scam perpetrated by senior officers of a local insurance company.

Jeffrey L. Tiffany, 67, of Mosinee was a senior vice president at River Valley Bank and managed the lucrative business of financing insurance premium payments for Manson Insurance Agency customers.

He, along with Manson CEO Timothy Mathwich and owner David R. Scholfield, were convicted in elaborate fraud scheme that involved creating phony insurance ...

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