Placeholder Banner Image

News Release
U.S. Department of Justice
Peter F. Neronha
United States Attorney
District of Rhode Island

August 9, 2011

INSURANCE ADJUSTER ADMITS GUILT IN INSURANCE FRAUD SCHEME
Vincent DiPaolo pleads guilty to participating in insurance fraud scheme
 uncovered during North Providence public corruption probe

PROVIDENCE, R.I. – An unlicensed insurance adjuster charged in connection with an insurance fraud scheme uncovered by the FBI during a lengthy federal probe into public corruption in North Providence, R.I., pled guilty Tuesday to four counts of mail fraud and one count of conspiracy announced United States Attorney Peter F. Neronha and Richard DesLauriers, Special Agent in Charge of the FBI’s Boston Field Office.

Vincent O. DiPaolo, 62, of Johnston, an unlicensed public insurance adjuster and owner of VDP United Consultants, Inc., was indicted in November 2010, along with three others. The indictment alleged that DiPaolo; former North Providence Town Councilman John A. Zambarano, a residential contractor and owner of Zam’s Carpeting, Inc.; Robert A. Ricci, a former hearing officer for the Rhode Island Contractor’s Registration and Licensing Board, and a residential contractor and owner of R.A.R. Building and Home Improvements LLC; and Lori A. Sergiacomi, a/k/a Tanya Cruise, an on-air Providence radio personality, conspired to devise a scheme in which an insurance claim would be filed to repair uninsured flood damage to Sergiacomi’s home which was caused by the historic floods in March 2010.

According to information presented to the Court by Assistant U.S. Attorney Terrence P. Donnelly, the defendants intentionally caused damage to the roof and interior of Sergiacomi’s home and in-ground swimming pool, and then attributed the damages and previous flood damage to a fictitious wind and rain storm in April 2010.  DiPaolo, whose insurance adjuster’s license was revoked by the Rhode Island Department of Business Regulation in December 2007, acted as Sergiacomi’s representative and agent. DiPaolo admitted that he lied to an insurance adjuster who represented Sergiacomi’s insurance company about the damages and the cost of repairs to Sergiacomi’s property. An insurance claim for nearly $50,000 also included money to be used for home improvement projects by Sergiacomi.

DiPaolo is scheduled to be sentenced by U.S. District Court Chief Judge Mary M. Lisi on October 27, 2011.

John Zambarano pleaded guilty in March 2011 to political corruption and insurance fraud charges, and was sentenced in May to 71 months in federal prison by Judge Lisi. Robert Ricci and Lori Sergiacomi pleaded guilty in June, as charged, and are scheduled to be sentenced on August 25, 2011.

The matter is being prosecuted by Assistant U.S. Attorneys Terrence P. Donnelly and John P. McAdams.

Contact: 401-709-5357
USARI.Media@usdoj.gov

USAO Homepage
USAO Briefing Room
Justice 101

USAO RI Twitter

Stay Connected: Visit us on Twitter

Federal Child Support Enforcement

judge's gavel

Learn More
Information
How to File a Complaint

Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Project Safe Neighborhoods

Our nation-wide commitment to reducing gun crime in America.

Law Enforcement Coordinating Committee

Training and seminars for Federal, State, and Local Law Enforcement Agencies.