Crime & Safety

Dover Insurance Broker Sentenced For Tax Fraud

Anthony May was convicted last year in federal court of two counts of filing false tax returns.

DOVER, MA – A Dover insurance broker was sentenced Thursday in federal court in Boston for filing fraudulent personal tax returns, according to the U.S. Attorney's office. Anthony May, 62, was convicted last April of two counts of filing false tax returns for 2008 and 2009.

May owned and operated Clients First Financial Insurance Agency, LLC, through which he sold life insurance products as a broker, and Advantage Life Settlements, LLC, through which he served as a broker for insured people looking to sell their personal life insurance policies to third party investors.

May operated his businesses out of an office suite in Hingham, where he also leased space to other independent insurance agents. Authorities said he filed false individual income tax returns from 2006-2009 that did not report $735,000 in income that he received from insurance commissions, broker fees and lease rental payments.

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May was sentenced to eight months in prison and one year of supervised release.

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