(Phoenix, Arizona, June 16, 2003) Attorney General Terry Goddard announced today the indictment of Carl Arnal for four counts of theft and one count of fraud scheme.
The indictment charges Arnal, 44, with stealing approximately $660,000 from clients, La Hermosa Church, Freeway Enterprises, Inc., Su Casa Produce, and Red Dog Rebuilders, through his business, Consortium of Public Adjusters.
A public adjuster represents people who have claims with insurance companies. In this case, the insurance companies paid substantial claims to the various clients and Arnal deposited the checks into his bank account, but did not forward the money to the client or use the money to repair the damaged buildings. Mr. Arnal entered a plea of not guilty in Superior Court today and his case was assigned to Judge Michael Cruikshank.
If convicted Arnal could be sentenced to as much as 23 years in prison and ordered to pay restitution.
The prosecutor assigned to the case is Assistant Attorney General John Evans.