A Bernalillo County, N.M., grand jury has indicted an Albuquerque insurance agent on multiple charges of insurance fraud, embezzlement and racketeering.
Jorge Gimenez, 58, was being held in the Bernalillo County Metropolitan Detention Center under $50,000 bond.
The state Public Regulation Commission said Gimenez’s license has been surrendered to the state Insurance Department. The agency said he operated an Albuquerque business known as Mr. G’s.
Insurance Superintendent Morris J. Chavez said his department also has an administrative investigation ongoing into the Gimenez’s alleged fraudulent actions.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
IBM Agrees to Pay Government $17 Million in DEI Settlement 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
