MONTGOMERY,ALABAMA (September 1, 2017) Brian Jones, District Attorney for the 39th Judicial Circuit, Limestone County, Alabama; James Ridling, Commissioner of the Alabama Department of Insurance; and Joseph Borg, Director of the Alabama Securities Commission (ASC) announced today that Ronald “Ronny” Warren Powell, age 55, of Muscle Shoals, Alabama surrendered to authorities at the Limestone County Jail on August 30, 2017.
Powell’s arrest stems from an August 11, 2017, Limestone County, Alabama Grand Jury indictment charging him with one count of Insurance Fraud 1st Degree and one count of Financial Exploitation of an Elderly Person 1st Degree. Both charges are Class B felonies punishable by possible imprisonment of not less than two years nor more than twenty years imprisonment and up to a $30,000 fine per charge upon conviction.