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Insurance executive and marketing CEO sentenced in $233m ACA fraud scheme

Photo of an Obamacare banner outside of an open enrollment station.
Photo: Joe Raedle/Getty Images

Texts exchanged by the defendants revealed a scheme that targeted low-income individuals experiencing homelessness, unemployment, and other challenges.

The president of Florida-based Insurance brokerage firm Fiorella Insurance Agency and the CEO of a marketing company in Texas were each sentenced to 20 years in federal prison for a $233m fraud scheme that exploited vulnerable people to fraudulently enroll them in subsidized Affordable Care Act health plans.

In November 2025,convicted