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Florida CFO Alex Sink today announced that Mitchell Brian Storfer, 49, has been stripped of his insurance licenses for participating in an annuity scheme that generated more than $100,000 in commissions for him and his agency, Seniors Financial International, Inc. of Vero Beach.
Florida CFO Alex Sink today announced the arrest of Angel Sotolongo Sierra, 28, the fifth individual arrested for participation in a staged auto accident ring in Miami. Sierra is charged with seven felonies and faces up to 105 years in prison.
Florida CFO Alex Sink today commended the Florida House Government Operations Appropriations Committee for unanimously passing legislation that implements recommendations made by CFO Sink to strengthen the state’s Risk Management program and reduce workers’ compensation costs to the state.

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Florida chief financial officer Alex Sink is calling on Washington to release up to $200 million in federal stimulus funding that Florida has been counting on to create thousands of short-term jobs.
More than $22 million in unclaimed property – a record amount – was returned to owners in February, according to a release Monday from the office of Alex Sink, Florida's Chief Financial Officer.
For years, most staged accidents in Florida occurred in South Florida, but after a focused crackdown there, numbers have risen in Tampa, said Florida Chief Financial Officer Alex Sink. Last year, insurance agencies reported 190 questionable claims in Tampa to the bureau.
Chief Financial Officer Alex Sink unveiled an initiative Wednesday aimed at ensuring that the state's 1.7 million veterans tap into all the benefits available to them.
Alex Sink, Florida's chief financial officer, said in a statement today that the sweep will "send a clear message to criminals dealing with stolen social security numbers that we are serious about this type of fraud in Florida, and will also help the victims begin putting their lives back together."