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Johnson & Bell Shareholder, Mark D. Belongia, and Attorney, Ramses Jalalpour, obtained a significant and hard-fought victory on behalf of a corporate client. The client, a private jet leasing company, learned that an employee had embezzled over $500,000 from the company and its subsidiaries over a period of several years.  Upon discovery of the theft, the client sought Johnson & Bell’s guidance and counsel.  After the employee was immediately terminated, Messrs. Belongia and Jalalpour filed a claim on the client’s fidelity insurance bond.  In pursuing the insurance claim, Belongia and Jalalpour worked with police investigators and forensic accountants to establish insurance coverage under the policy and the extent of the client’s covered damages.  After months of negotiations with the insurance company, the client was thrilled to learn that the insurance claim was approved and the company would recover the entire amount of its loss.  The police investigation and potential criminal prosecution remains pending against the former employee.

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