United States Attorney Southern District of New York FOR IMMEDIATE RELEASE CONTACT: U.S. ATTORNEY’S OFFICE MARVIN SMILON, HERBERT HADAD, MICHAEL KULSTAD PUBLIC INFORMATION OFFICE (212) 637-2600 FBI JOSEPH A. VALIQUETTE JAMES M. MARGOLIN (212) 384-2715, 2720 U.S. POSTAL INSPECTION SERVICE DAVID ENG (212) 330-3387 CHAIRMAN OF THE BOARD AND PRESIDENT OF INSURANCE AGENCY INDICTED BY U.S. FOR $20 MILLION FRAUD; ACCUSED OF USING FUNDS FOR YACHTS AND NIGHTCLUB SPREES DAVID N. KELLEY, the United States Attorney for the Southern District of New York, PASQUALE D’AMURO, the AssistantDirector in Charge of the New York field Office of the FBI, and WILLIAM...