Suzanne Beall, president of Northstate Insurance Agency Inc., was arrested at her residence and moved to the Sacramento jail. Beall was charged with two felony counts of grand theft; two felony counts of destroying property; one felony count of fraudulently appropriating property; four felony counts of passing forged, altered, or counterfeit items; one felony count of crimes against elders; and three felony counts of forgery. Beall’s bail was set at $500,000.
A joint investigation was conducted by the California Department of Insurance (CDI) Criminal Investigations Branch’s Investigations Bureau and the Yolo County District Attorney’s Office.
Investigators are checking out more allegations that Beall accepted insurance premiums from a day care nursery school in Davis, a pool supply company in Sacramento and mobile carnival companies in Southern California and Arizona.
Beall is alleged to have failed to obtain the necessary insurance coverage, failed to remit collected insurance premiums to an insurance company, and then proceeded to issue bogus insurance policies and insurance I.D. cards to these policyholders from 1991 through 1999.
Topics Agencies
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