A former Red Oak, Iowa, insurance agent is facing felony charges related to alleged insurance fraud.
The Iowa Insurance Division said Dustin French has been charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau.
The charges against French, a former licensed insurance producer, stem from an investigation which began in April of 2020. According to criminal complaints filed by the fraud bureau, French provided false information to his insurance company in order to obtain insurance benefits to which he was not entitled.
On March 2, 2021, French answered to the charges in Montgomery County District Court and was released on his own recognizance.
Trial will be set for a future date. No additional information will be provided at this time, the Division said. It noted that a criminal charge is merely an accusation and a defendant is presumed innocent until proven guilty.
Source: Iowa Insurance Division
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
