The founder of an embattled Sparks-based insurance company appears to have been plotting to kill a Delaware judge overseeing the liquidation of his business, recording himself on a trip to scout out his targets and acquiring a cache of weapons, federal authorities allege in court filings.

Jeffrey B. Cohen, 39, of Reisterstown was arrested last month after he was indicted on charges that he schemed to make it appear that his company, Indemnity Insurance Corp., which insured bars and nightclubs, had millions of dollars in cash it did not possess.

But court documents unsealed in U.S. District Court this week reveal more startling allegations. In a search of Cohen's home and vehicle, agents from the U.S. Department of Homeland Security said they found a "target list" of officials in Delaware and Maryland, driving directions to the home of the judge overseeing Indemnity's liquidation, several firearms including a "surgeon precision" assault rifle, and an order form for incendiary ammunition — bullets that explode.

Cohen has not been charged in connection with the latest allegations, according to a search of court records.

Federal agents conducted the search of his $1 million home in connection with the insurance case, in which he has been charged with making false statements to an insurance regulator. They cited their findings in requesting a warrant to search Cohen's phone records, which a magistrate judge granted.

A digital recorder also was found, which Cohen allegedly used to record himself during what agents believe was a "recon" mission to the Delaware homes of Judge J. Travis Laster, a vice chancellor who also has been sued by Cohen, and a person identified in the court documents only as an elected official.

"Society needs to look at the fact that killing isn't wrong in certain circumstances, and killing culls the weak," Cohen allegedly said in the recording. "Killing culls the wrong so that society can have a better chance of survival without certain obstacles."

An attorney most recently listed for Cohen in the insurance case said he no longer represents him.

Relatives of Cohen's and former co-workers also did not return phone calls. Cohen, who lived in the 2400 block of Long Ridge Road, is being held in federal detention.

Cohen, who worked at a nightclub before starting Indemnity, told authorities that some of the writings they found were part of a book of fiction he was writing, according to the court documents. One of the pages of a notebook recovered by federal agents was titled "Scenes."

Notations in the spiral notebook contained "very concerning notes that may indicate Cohen planned to harm other individuals and then take his own life or flee to a foreign country," a federal agent wrote in the documents. One of Cohen's notations read: "Use homeless to carry backpack into targets — remote control apparatus."

On the audio recordings, Cohen said that he doesn't think anyone will ever understand how "someone can do something that others think is just so horrific but it seems completely normal to the person committing the attack."

Officials said at least seven assault weapons and handguns were found in Cohen's home, including a Taurus .45-caliber handgun with a laser sight, and a precision-guided assault rifle with an attached tracking scope. Inside his Lexus SUV, agents reportedly found a rifle stand and optical scope.

Cohen was indicted by a federal grand jury last month on charges related to his claim to Delaware regulators that his company had $5.1 million in unencumbered cash at Susquehanna Bank, according to documents filed in U.S. District Court in Baltimore. Cohen's company, Indemnity, is headquartered in Sparks, but domiciled for regulatory purposes in Delaware.

Indemnity is a significant player in the insurance niche for bars, taverns and nightclubs, and the company's ongoing troubles have left some local businesses in limbo.

Delaware's insurance department accused Cohen of "multiple acts of fraud," according to court documents, including forging an endorsement from a reinsurance firm and interfering with the company's computer system after he was forced out.

In the search warrant application, authorities outline an elaborate scheme in which Cohen created fictitious company websites and email addresses, including one website designed to mirror that of Susquehanna Bank so that he could send emails and faxes to himself that appeared to be from the bank. Agents said Cohen's credit card was used to purchase an Internet domain name for "Susquehanna-bank.com." The company's web address is "Susquehanna.net."

In a January interview, Cohen denied the fraud allegations. He said the company was financially sound and preparing to go public when regulators took it over, which he has claimed was "retribution" because he supported one of the primary opponents of Delaware Insurance Commissioner Karen Weldin Stewart in 2012.

In the Delaware receivership case involving Indemnity, he also accused the state of running the insurance company into the ground after stepping in.

"I will quite literally spend the rest of my life and every dollar to my name fighting this," Cohen said in an interview.

In the receivership case, Laster ordered Cohen to return three of his former company's luxury automobiles — including a 2011 Aston Martin and a 2013 Ford Mustang Shelby GT. The Aston Martin was found, with a deflated tire, blocking the company's parking lot, and the Mustang was left on the sidewalk, blocking the main entrance to the company office, according to court documents. Laster fined Cohen more than $30,000 for the actions.

Laster's office referred questions about the alleged threats to the court administrator, who did not return phone calls.

Separately, Cohen has filed a wide-ranging lawsuit making defamation and other claims against Laster and 21 other defendants in U.S. District Court in Maryland, a case that is pending. Cohen is representing himself in the case, records show.

In the audio recording found in Cohen's vehicle, authorities allege he can be heard saying, "Pretty surreal considering I'm driving to Delaware right now to scout out how I can attack [redacted] and Laster." Cohen added in the recording that he was "not crazy" and "perfectly calm."

Agents also found several handwritten notes that read "Use gloves at all times," "The more cops have to deal with the worse they will organize" and "The hostage is not the enemy."

In addition, they found a "reference sheet" listing a "Cupric Thermite Firebomb" and a "directional firebomb," and an order form dated June 17 showing he "purchased or attempted to purchase" a 100-foot fuse and 13 packages of incendiary ammunition.

jfenton@baltsun.com