- Associated Press - Tuesday, June 2, 2015

HARTFORD, Conn. (AP) - A former insurance broker who stole $10 million from Aetna Inc. by failing to submit health insurance premiums paid by a New Jersey university has pleaded guilty to fraud.

Bonney Hebert pleaded guilty Tuesday in federal court in Hartford, Connecticut, to wire fraud and a theft charge. Her sentencing is set for August. The 59-year-old Killington, Vermont, resident faces up to 30 years in prison.

Hebert owned Boston-based Academic Risk Resources and Insurance and brokered contracts between insurers and colleges.

Prosecutors say Hebert failed to give Hartford-based Aetna nearly $10.4 million in premiums paid by Rutgers University from 2009 to 2012 and spent some of the money on personal expenses and her company.

No one has answered a phone listing for her. Her lawyer hasn’t returned messages seeking comment.

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