Man Sentenced to Federal Prison for Embezzling From Insurance Company

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An Owings Mills man was sentenced to 2 1/2 years in federal prison Tuesday for embezzling more than $3 million from the insurance company he worked for on cars, a yacht and a NASCAR team.

Saleh Stevens, 45, pleaded guilty in August 2014, prosecutors said. U.S. District Judge Marvin J. Garbis ordered Stevens to serve three years of probation after his release, and pay more than $3.4 million in restitution.

Stevens was an attorney licensed to practice in Maryland and worked as a senior claims adjuster and bond claim attorney in the bond department of The Hanover Insurance Company’s regional office in Towson. There, he reviewed and managed claims related to surety bonds, usually related to construction projects. Hanover worked with accountants and engineers to manage and resolve claims.

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