Where Is Jeffrey Cohen Now? Wife Age And Net Worth – American Greed Insurance Fraud Charges Explored

Where Is Jeffrey Cohen Now? Get the most recent information on the insurance fraudster and his charges right here!

Jeffrey Cohen is a well-known con artist whose story was featured on CNBC’s “American Greed.”

For years, he cheated his insurance company’s clients and realtors.

His sentence of 37 years in prison is one of the longest ever imposed for a white-collar crime.

Furthermore, his case has captured the attention of the media in every nook and cranny for such crimes.

Where Is Jeffrey Cohen Now?

Jeffrey Cohen is currently incarcerated in a Baltimore prison serving a 37-year sentence.

Although the exact details of Cohen’s whereabouts are still being investigated, he is currently under the watchful eye of the law.

His crime will not be easily forgiven or forgotten by the general public.

As a result, he frequently uses the internet’s search bar.

Jeffrey Cohen Insurance Fraud Charges Explored

Indemnity Insurance Corp., a Sparks-based insurance company, was owned by Jeffrey Cohen.

More than 5,000 policyholders had paid more than $100 million in premiums to the company.

However, the people who paid the premiums did not have the insurance coverage they thought they did.

Cohen had cheated his customers out of millions of dollars in premiums.

According to the Baltimore Sun, Cohen was a serial con artist who defrauded people from 2008 to 2013.

In 2014, he was finally apprehended and tried in court.

Cohen and his company had falsified wire transfers, bank statements, and letters of credit for more than five years.

They did this to give the impression to financial rating and auditing firms that his company could afford to cover more potential insurance payouts than it could.

Furthermore, he was planning to murder to keep his fraud schemes hidden, which Cohen denied.

Cohen appeared in court facing 31 counts of fraud, which he had initially denied.

However, he later entered into a plea bargain and was sentenced to 37 years in prison with the order to repay his victims $137 million.

Jeffrey Cohen Wife: Is He Married?

Jeffrey Cohen has not revealed any details about his personal life, including information about his wife.

According to the Daily Record, Cohen worked hard to keep his personal information and those around him out of the spotlight.

When “American Greed” was about to begin filming on his case, he asked federal prosecutors to keep his personal information out of the public eye.

Jeffrey Cohen’s Net Worth 

Cohen’s current net worth is unavailable at this time.

He used to pay himself $96,000 per month at the height of his career.

Furthermore, he had accumulated assets such as a waterfront home in Florida, three in Maryland, and vehicles such as an Aston Martin owned by his company and a Lexus SUV with the vanity plate “RISKTKR.”