A Moorpark insurance agent faces charges of grand theft after taking advantage of a person with dementia. According to police, the agent sold a $1.2 million annuity policy to a dependent adult with recently diagnosed dementia. The agent conspired with a caretaker relative who made multiple withdrawals from the annuity.
The relative impersonated the victim in telephone calls to the insurance company, and forged withdrawal paperwork. The insurance agent called the insurance underwriter more than a dozen times to assist the relative in the withdrawals. In addition to losing more than $700,000 from the annuity, the victim lost an additional $92,000 in early withdrawal penalties.
Although the agent lives in Moorpark, the San Diego District Attorney’s office is prosecuting the case. The relative, who faces charges as a co-conspirator, lives in Oceanside. California Department of Insurance detectives investigated the case. The co-conspirators face 16 felony counts each of grand theft, caretaker theft and forgery.
Moorpark theft lawyer
When you face charges related to grand theft, embezzlement or similar crimes, hire an experienced theft lawyer like Robert Helfend. Mr. Helfend has nearly 35 years of experience in criminal courtroom defense. He takes cases in Ventura County and throughout Southern California.
Mr. Helfend fights aggressively for his clients, and will fight for you, too. Licensed professionals face additional challenges because convictions result in the loss of license. That impacts your ability to work following the conclusion of the judicial process. It’s also why you need to have an attorney who will work tirelessly to defend you and your livelihood. Don’t risk your future on an inexperienced attorney, or one who won’t fight aggressively for you.
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 theft case.
Photo Credit: Pictures of Money, via Flickr.com