Former Insurance Agent Sentenced to Jail for Fraud, Again

A Baltimore County judge has sentenced Michael C. Okolo of Pikesville, Maryland, to six months incarceration for 10 counts of insurance fraud for acting as an insurance agent without a license.

According to Attorney General Anthony G. Brown, the jury found that Okolo acted as an insurance agent without a license by selling 11 annuity policies on 10 occasions from 2021 to 2024, receiving more than $88,000 in commissions.

This is the second case against Okolo for insurance fraud. In 2025 a jury convicted him of two counts of insurance fraud and one count of obstruction of justice…

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