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Insurance Agent Pleads Guilty to Wire Fraud | Dover News
An Eastern Shore insurance agent, Thomas Robert Hoyt, is set to plead guilty to federal wire fraud after swindling clients by pocketing their premiums instead of paying insurers—leaving policyholders unprotected and stranded. Complaints erupted in April 2021, with 16 victims reporting they paid full amounts only to receive cancellation notices. One business owner lost $5,000 in truck insurance coverage when he couldn’t renew his license plates—and was ghosted when demanding a refund. Hoyt even tried to sell his client list to a Maryland agency, falsely claiming it was “super clean and…
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