Cortland County insurance company employee charged with defrauding customers
CORTLAND, N.Y. —
A Homer woman has been arrested on a sealed indictment warrant handed down by a grand jury following a five-month investigation that found insurance company customers were defrauded.
According to the Cortland County Sheriff's Office, Traci L. Rialdi, 53, has been charged with scheme to defraud in the first degree, a class E felony, and grand larceny in the third degree, a class D felony.
Officials began an investigation back in July when a victim indicated they had paid their insurance premiums but were receiving cancellation notices saying their policy had been canceled for non-payment.
After interviewing the victim, investigators met with management of the insurance company and determined that Rialdi had been receiving payments from several different customers while she was employed at the insurance company, authorities said. She would then allegedly take cash payments and not apply the payment to the insurance premiums, officials said.
It was determined that there were seven known customers who fell victim to the Rialdi's alleged actions. Authorities said the amount of money she fraudulently obtained was approximately $12,229.
Rialdi was arrested Thursday on Route 31 in the Town of Clay by the Cortland County Sheriff's Office. She was arraigned and released to Alternatives to Incarceration. She is scheduled to reappear in court on Nov. 21.
Officials say the investigation is continuing and additional charges are possible.