A licensed Miami insurance agent has been arrested after she allegedly obtained and transferred more than 300 homeowner insurance policies without homeowners’ knowledge or consent and pocketed nearly $476,000 from the policy premium differences in this scheme, according to a statement from Florida Chief Financial Officer Jimmy Patronis.
Claudia Odila Romoleroux, owner of RND Insurance Corporation, is accused of fraudulently obtaining more than $877,000 in premiums for 307 homeowners policies.
Romoleroux’s alleged scheme including supplying mortgage companies with fraudulent documents and requesting the homeowners’ escrow money be sent to her business account to pay for new policies. Unbeknownst to these homeowners, Romoleroux allegedly used a portion of that money to pay for cheaper policies with inadequate coverage. Through this alleged fraud impacting homeowners and leaving them vulnerable, Romoleroux pocketed nearly $476,000.
Romoleroux was arrested on April 4 and booked into the Turner Guilford Knight Correctional Center on charges of grand theft, uttering forged instruments, insurance fraud, identity theft and organized scheme to defraud. If convicted, Romoleroux faces up to 25 years in prison. Her insurance license will be immediately suspended upon the filing of formal charges.
Patronis said the arrest is part of his work to protect Floridians from the costs of insurance fraud, noting last year, DFS detectives arrested more than 180 fraudsters in Miami-Dade County alone.
Source: Florida Department of Financial Services
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