Colbert County insurance agent pleads guilty to fraud

MGN

Ronald Powell was indicted by a grand jury in March of 2018, and his probation hearing will be held on February 25, 2019.

Posted: Dec 12, 2018 4:56 PM

On Monday, a Colbert County insurance agent pleaded guilty to one count of securities fraud and one count of insurance fraud.

Ronald Powell is accused of accepting more than $800,000 of investor funds and misappropriating those funds for his personal benefit. In total, he received a 12-year sentence.

Article Comments

Huntsville
Overcast
48° wxIcon
Hi: 52° Lo: 50°
Feels Like: 45°
Florence
Overcast
50° wxIcon
Hi: 57° Lo: 48°
Feels Like: 50°
Fayetteville
Few Clouds
46° wxIcon
Hi: 53° Lo: 50°
Feels Like: 39°
Decatur
Overcast
47° wxIcon
Hi: 53° Lo: 49°
Feels Like: 42°
Scottsboro
Overcast
46° wxIcon
Hi: 51° Lo: 50°
Feels Like: 46°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

 

 

Community Events