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Settlement agent sentenced to 5 years for $8M embezzlement (access required)

A Northern Virginia man whose company set up annuity plans for victims of medical malpractice has been sentenced to 70 months in federal prison for embezzling nearly $8 million in settlement money. Joseph E. Gargan, 60, was CEO for the Pension Company Inc., an Arlington business that would execute settlement agreements between civil litigants, a government ...