A Houston businessman who owned a home on Lake Livingston in Polk County will not only serve two years in federal prison, but he’s also been ordered to pay nearly five times the amount of money that he collected in an insurance fraud scheme.
The U.S. Attorney’s Office for the Eastern District of Texas says that 74-year-old real estate executive Robert Lance Kuperman entered a guilty plea in March on a charge of Interstate Transportation of Money by Fraud, and his sentence was handed down this week by U.S. District Judge Thad Heartfield.
According to federal prosecutors, in 2013 Kuperman bought a home on Lake Livingston and in July of 2015 he submitted an insurance claim related to water damage which he said was caused by a defective water heater.
Prosecutors say that Kuperman, who collected a total of $412,836.12 from American Strategic Insurance Company, submitted fraudulent documentation supporting his claim for out-of-pocket costs associated with what he represented was his replacement of personal property destroyed by the water leak.
Judge Heartfield ordered Kuperman to not only repay the $412,836.12 to the insurance company, but also an additional $1,445,000.00 in restitution to RSUI Indemnity Group for conduct deemed relevant to the offense, and also a fine of $80,000.00, for a grand total of $1,937,836.12.