A former Yorba Linda, Calif. insurance agent was arrested at his home recently after allegedly collecting $6,800 in insurance premiums but never placing the insurance order to obtain coverage.
Gregory Baker, 51, was charged with one felony count of grand theft after investigators alleged that he fraudulently collected premiums from one client for three years. The client eventually suffered an uninsured loss.
Baker was booked into the Orange County Jail on $35,000 bail. The Orange County District Attorney’s Office is prosecuting the case.
Topics Fraud
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