insurance agent fraud News

Idaho Falls Agent Pleads Guilty to Insurance Fraud

Idaho insurance agent Misty A. Adams was taken into custody this week after being sentenced for insurance fraud. A licensed insurance producer from Idaho Falls, Adams, 45, reportedly backdated her son’s auto insurance policy after he was involved in a …

Former Iowa Agent Sentenced to Federal Prison for Fraud

A Muscatine, Iowa, insurance agent has been sentenced to 18 months in federal prison for wire and mail fraud. Federal prosecutors for Iowa said that Ashley Erin Murphy Schneider, 37, was sentenced Thursday in Davenport’s federal courthouse after pleading guilty …

Wisconsin Insurance Agent Loses License, Must Pay Nearly $800K

An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry Rumpel, may no longer …

Former Ohio Insurance Agent and Investment Adviser Gets 5 Years for Fraud Scheme

Former Dayton, Ohio-area insurance agent and investment adviser has been sentenced to five years in prison after being convicted of insurance fraud and conducting a “Ponzi” scheme targeting elderly consumers. The Ohio Department of Insurance reported that John Gregory Schmidt …

1 Current and 1 Former Iowa Insurance Agent Charged in Fraud Case

A current insurance agent in Iowa and a former one have been charged in connection with a fraud investigation in which another agent was previously charged. Insurance agent Cursta Lena Williams of Davenport, and former insurance agent Whitney Michelle Roth …

Unlicensed California Agent Allegedly Steals $174K in Premiums

Connie Free, 34, of Moreno Valley, Calif., is scheduled to be arraigned today on 18 felony counts including grand theft and forgery after allegedly stealing at least $174,000 in insurance premiums from seven different victims. The former insurance agent allegedly …

Louisiana Insurance Exec Arrested for Theft of Nearly $1M

An insurance business owner and former official for a Louisiana port has been arrested for stealing nearly $1 million from his clients, authorities said. Kristian Gaudet, 45, of Cut Off, was charged with two counts of felony theft, The Courier …

Former Iowa Agent Convicted of Insurance Fraud

A former Iowa insurance agent has been convicted of insurance fraud following an insurance fraud investigation by the Iowa Insurance Division’s Fraud Bureau. The division reported that Joy Marie Heldt, age 48, of Madrid, was convicted of Fraudulent Submissions to …

Former Texas Insurance Agent Indicted for Scamming Elderly Woman

Former Texas insurance agent Chia Wang has been indicted for an allegedly defrauding an elderly woman in an insurance scam. Wang is facing up to 99 years in prison and up to a $10,000 fine after a grand jury in …

Wisconsin Orders Agent to Repay More than $1M; License Revoked

A Wisconsin insurance agent has been ordered to repay more than $1 million after state regulators found she engaged in multiple unfair trade practices involving an elderly consumer. Wisconsin Office of the Commissioner of Insurance (OCI) reported that Blanche Berenzweig …