Georgia Insurance Commissioner Ralph Hudgens announced this week that a former insurance agent from Franklin County has been arrested and charged with insurance fraud.
Officials said James Travis Williams was arrested and charged with 15 counts of insurance fraud and two counts of forgery for allegedly taking premium payments from policyholders and converting the money to his own use.
According to the investigation, Williams allegedly collected approximately $30,000 in premium payments on a variety of insurance products and never forwarded those premiums to the appropriate insurance companies for coverage, Hudgens said.
“This office will not tolerate any insurance agent stealing from his or her customer,” Hudgens said. “Such actions constitute a violation of a trust between an agent and policyholder, a violation we take very seriously.”
Williams formerly owned and operated Tri-County Insurance Agency in Royston, Georgia. His license to sell insurance in Georgia was relinquished in October 2013 when he signed a consent order agreeing to voluntarily surrender his agent’s license. The surrender of his license was the result of an ongoing investigation by Commissioner Hudgens’ fraud unit.
Source: Georgia Office of Insurance and Safety Fire Commissioner