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Prosecutors: former insurance broker took premiums

Prosecutors: former insurance broker took premiums

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SALT LAKE CITY (AP) -- A former insurance broker has been accused of misappropriating hundreds of thousands of dollars in premiums from a trust account to finance a house and a company jet.

James Larry Hall II, 37, was scheduled to appear Friday in 3rd District Court on six felony charges, including communications fraud, wrongful dealing of property by a fiduciary and wrongful appropriation.

The allegations date to 2003. Hall has since been appointed president and chief executive of Utah-based Children's Miracle Network.

The Children's Miracle Network -- an organization founded by the Osmond family and "Dukes of Hazzard" actor John Schneider -- said the charges have nothing to do with the charity.


Information from: Deseret News

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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