Middletown Horse Insurance Agent Charged: US Atty

MIDDLETOWN, RI—A Middletown man is accused of cheating his customers, insurance companies and finance companies out of $1.3 million, the U.S. Attorney's Office said Wednesday. Randall N. Levesque, 57, sells horse insurance. He is owner of Equine Insurance Services, LLC and Randall Levesque Agency. According to the U.S. Attorney's Office, he double-billed and overcharged his customers, when using their credit cards to pay for policy premiums. In some cases, the customers had not ordered the policies or agreed to pay the premium by credit card. Levesque is also accused of forging some of their signatures.

He also collected premiums for other insurance companies but kept the money himself, the U.S. Attorney's Office said.

Levesque is being charged in Providence federal court with wire fraud and aggravated identity theft.

According to court papers, Levesque "collected but did not remit to insurance companies over $800,000 in premiums; fraudulently obtained over $500,000 in financed premiums from at least two finance companies; and charged customers’ credit cards at total of approximately $80,000 for premiums that he failed to provide to insurance companies," the U.S. Attorney's Office said.

He was released on $10,000 unsecured bond.

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