Fraud Scheme Lands Insurance Agents In Prison
Fraud Scheme Lands Insurance Agents In Prison
Two former insurance agents will spend 4-6 years in prison for fraud. The pair falsified life insurance applications to collect more than $150,000 in commissions. One former agent will spend 6 years in state prison, and must pay $105,000 in restitution. The other agent will spend 4 years in prison and will pay $45,000 in restitution. The men pleaded no contest to multiple counts of grand theft, forgery and insurance fraud

California Department of Insurance investigators teamed up with Immigration and Customs Enforcement (ICE) and the Department of Homeland Security (DHS). They found that the men had created more than 200 fraudulent life insurance policy applications. The men recruited participants with promises of money and free life insurance policies. In other cases, they stole personal information to complete applications. Many policy applications listed the agents as the policyholders.

The men fabricated details on the applications, including income, net worth and beneficiary designations. In addition, they forged signatures on policy applications. The agents paid the initial premiums on the policies.

Ventura Fraud Attorney

Insurance fraud can be a serious crime. In California, the California Department of Insurance actively investigates and prosecutes these crimes. When you face fraud charges of any kind, hire an experienced fraud attorney like Robert Helfend.

Mr. Helfend has more than 30 years of experience in the courtroom and has defended thousands of Californians. His first priority will be to get the charges against you reduced or dropped. Avoiding felony convictions in California is important because the state’s Three Strikes Law can quickly accelerate penalties. A felony history can land you in prison for life!

When avoiding charges or a conviction isn’t possible, Mr. Helfend will work toward the best possible resolution of your case. That may include getting charges dismissed as part of a plea deal, or getting a sentence reduced.

Don’t risk your freedom on an inexperienced attorney or one who doesn’t want to take your case. Instead, contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County fraud case.

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