I was surprised that Regulation and Licensing took so long on this one. I was over a year ago that I talked to these people. At least Justice is being done. I can't help but notice a certain name withheld from all of these indictments.. Hmmm.. I hear that there are Federal charges coming also. Anyway, happy readying and thanks to everybody and all of their help. The state was very happy with the information we provided.
Greetings, Below you’ll find a press release regarding a Grand Jury indictment handed down against Gilbert C. Baca III … The New Mexico Public Regulation Commission’s Insurance Fraud Bureau was integrally involved in the matter. NEW MEXICO PUBLIC REGULATION COMMISSION DISTRICT 1 JASON A. MARKS DISTRICT 2 DAVID W. KING, CHAIRMAN DISTRICT 3 JEROME D. BLOCK, VICE CHAIRMAN DISTRICT 4 CAROL K. SLOAN DISTRICT 5 SANDY JONES CHIEF OF STAFF Daniel “Danny” Mayfield 1120 Paseo de Peralta/P.O. Box 1269 Santa Fe, NM 87504-1269 NMPRC Media Contact: Gerald Garner Jr. Public Information Officer Office: 505.827.4446 Cellular: 505.699.7991 Fax: 505.476.0324 Email: Gerald.Garner@state.nm.us NEWS RELEASE FOR IMMEDIATE RELEASE: February 26, 2010 Bernalillo County Grand Jury Indicts NMPRC’s Insurance Fraud Bureau Instrumental in Proceedings SANTA FE – On Wednesday, Feb. 24, a Bernalillo County Grand Jury indicted Gilbert C. Baca III on multiple counts of forgery, one count of computer access with intent to defraud or embezzle and racketeering. It is alleged that Baca III – a security service provider – provided false certificates of insurance to several clients in order to obtain or maintain security contracts with various businesses within Bernalillo County. Leo Montaño, Chief Special Agent of the New Mexico Public Regulation Commission’s Insurance Fraud Bureau, was responsible for investigating the matter while Chief Prosecutor Alan Rackstraw presented the bureau’s finding to the Grand Jury. The Bernalillo County District Attorney’s Office recently indicted Baca III on 77 counts of fraud and embezzlement, among others. Visit the NMPRC on the web at: www.nmprc.state.nm.us About the NMPRC The NMPRC regulates public utilities, telecommunications companies and motor carriers operating in the State of New Mexico. It also administers the State Fire Marshal’s Office, the New Mexico Firefighters Training Academy in Socorro, New Mexico, Pipeline Safety Bureau and the Corporations Bureau, which registers state corporations. The NMPRC is also responsible for the oversight of the New Mexico Insurance Division and the state’s superintendent of insurance. -30- Gerald Garner Jr. Public Information Officer State of New Mexico Public Regulation Commission Office: 505.827.4446 Cell: 505.699.7991 Fax: 505.476.0324 Email: Gerald.garner@state.nm.us COMMISSIONERS
Gilbert C. Baca III on Multiple Counts
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