A former Parkville insurance agent already facing multiple criminal charges has now been accused of fabricating evidence intended to mislead the court. According to a release from the Maryland Attorney General’s Office, 68-year-old Michael C. Okolo has been charged with obstruction of justice and fabricating physical evidence in a newly filed criminal case in Baltimore County Circuit Court.
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The latest charges stem from Okolo’s alleged attempt to introduce a forged “letter of instruction” into evidence in an upcoming trial. Prosecutors say Okolo created the document, dated February 20, 2016, to justify depositing $36,500 in checks from a client into his business account rather than forwarding them to an insurance company as intended. Investigators allege the letter was not authored or signed by the client but was instead assembled by cutting and pasting the client’s signature from a separate, genuine letter dated April 2017.
Okolo has been charged three other times since September 2024. In those cases, he faces allegations of felony theft, insurance fraud, theft of over $100,000, and selling insurance without a license. In one incident, a client gave Okolo money for a real estate investment, which prosecutors say was instead used for personal and business expenses unrelated to real estate.
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Okolo’s trials on the previously filed charges are scheduled for September 22, October 20, and December 1. No court date has yet been set for the latest obstruction case. All of the cases are being prosecuted by the Attorney General’s Fraud and Corruption Unit. If convicted, Okolo could face significant prison time and financial penalties. Residents are urged to verify the licensing status of financial professionals before making investments or purchasing insurance products.
Article by multiple contributors, based upon information from the Maryland Office of the Attorney General press release.
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