Tom Hanks was allegedly defrauded by a Southern California insurance broker, who was arrested Wednesday morning. Jerry B. Goldman also faces federal charges that he defrauded musician Andy Summers, a former member of The Police.
The U.S. attorney’s office says Ventura County broker Goldman, 59, was arrested at his Thousand Oaks home and remains in federal custody.
A federal grand jury in Los Angeles indicted him on Oct. 30 for fraud. Prosecutors claim he overcharged Hanks, Summers and two other people some $800,000 on insurance premiums. Authorities contend he inflated some premiums by as much as 600 percent.
Details haven’t been released, but the indictment refers to insurance policies covering everything from worker’s compensation to fine art.
The arrest comes just a week and a half after the release of Hanks’ “Cloud Atlas.”
Goldman was expected to be arraigned Wednesday afternoon on a 10-count indictment. The indictment says Goldman negotiated premiums on behalf of his clients and was paid commissions by the insurance provider on each policy. He allegedly created fraudulent invoices on company letterhead inflating premiums.
Each of the 10 counts carries a maximum penalty of 20 years in federal prison.
Goldman was arrested on federal mail charges. The case was investigated by the FBI.
Messages seeking comment from representatives for Hanks and Summers and for Goldman’s public defender, Yasmin Cader, weren’t immediately returned.