United States District Judge Myron Thompson imposed a 12 year sentence on John Goff and ordered him to pay $5 million in restitution to XL America insurance company, of Wilmington, Delaware.
Goff was once a major supplier of worker compensation insurance in southern states of Alabama, Tennessee, North Carolina, Georgia, and Mississippi.
In February, a federal court jury convicted Goff of counts including mail fraud, embezzlement and filing a false report with the Alabama Department of Insurance regarding his business dealings.
Goff was convicted of taking money from clients that included churches and businesses and using it to fund a lavish lifestyle rather than sending proceeds to insurance companies. WFSA reports that, "at one time, Goff had an annual salary of more than $1 million, flew in a private jet and slept in a million dollar home, but now he says he cannot afford the restitution he must repay."
“They’re asking at least $200 a month,” Goff told the television station outside of federal court. “Well, I don’t know. Maybe I need to go and play the Florida lottery. That’s the only way I can do it. I can’t pay it.”
Goff is likely to appeal his conviction, as the judge that sentenced him, Myron Thompson, said he thought several of the convictions might be reversible, according to the report.
Chris Hellums can be contacted at ChrisH@PDKHLaw.com
Read the full WSFA.com article about the John Goff conviction here: