Former Calif. Broker Charged with Selling Fake Policies

November 29, 2005

  • November 29, 2005 at 6:08 am
    cmc,jr says:
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    Wow! What a sales guy. 2700 commercial policies in six months. An AIG bid-rigger\’s dream. If my math is correct that\’s about 17 policies a day if they took off Sundays. If he actually did it by himself then I may want to hire him after he does his six months because he\’s obviously a brilliant guy and everybody deserves a second chance. Assuming he is not that brilliant then why is Mr. Garamendi announcing only one arrest? He should have waited and got some more names because there is more than one crook in this scam. Golly gee, where is the Spitzer when you need him the most. What we need here is more transparency!

  • November 30, 2005 at 9:16 am
    ctyre says:
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    They should go easy on this guy. He was just offering a low cost alternative – Sometimes thats all people can afford.

  • December 5, 2005 at 3:17 am
    Some one who knew him says:
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    I hope cytre was kidding. Talk to me about low cost, when you have a claim and have no policy or coverage. That\’s terribly expensive in my book. Tell it like it is – the man allegedly was a thief.

  • December 5, 2005 at 5:38 am
    RED RIGHTER says:
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    BELIEVE IT OR NOT, THERE ARE ACTUALLY SOME INSURANCE CONSUMERS WHO ONLY SEEM TO WANT A PIECE OF PAPER THAT\’S CHEAP! WHETHER IT\’S A CERT OR AN AUTO INS. ID CARD, THOSE CHOICE INDIVIDUALS ONLY WANT TO SATISFY WHO MIGHT HIRE THEM TO DO A JOB, OR THE POLICE! THAT IS PROBABLY WHY AGENTS OR BROKERS ENGAGE IN SUCH SCAMS—THEY DON\’T THINK THESE PEOPLE CARE IF IT IS REAL INSURANCE!

  • December 6, 2005 at 1:14 am
    Bert says:
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    Lets hope this guy gets to room with Segal and his Husband Bubba.



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