Birmingham insurance adviser faces trial on fraud charges

By Max Reinhart, Medianews Group

A Birmingham man who’s accused of insurance coverage fraud is sure to be tried, Michigan lawyer Basic Dana Nessel introduced on Tuesday.

Todd Bernstein, 67, deserted his provisional investigation and will probably be tried within the sixth Circuit Courtroom in Pontiac, Nessel stated.

He’s accused of “submitting deceptive details about annuity -fitness functions on behalf of his clients, who’re older than 65, to cover that new annuities had been bought with proceeds from early sharpened annuities.”

In July, Nessel submitted 4 counts of insurance coverage fraud in opposition to Bernstein. Every is punishable with a most of 4 years in jail if he has been convicted.

“Shoppers should be capable of belief monetary professionals to behave honestly and of their finest curiosity,” Nessel stated when he was lived.

His subsequent judicial date shouldn’t be but deliberate.

Nessel suspected Michiganians for that fraud to report this on the web site of the State, or by calling the Division of Insurance coverage and Monetary Companies on (877) 999-6442 from 8 am to five pm from Monday to five pm. © 2025 The Detroit Information. Go to detroitnews.com. Distributed by Tribune Content material Company, LLC.

Initially printed: August 13, 2025 at 1:08 pm Edt