Unlicensed Agent in California Nabbed for Allegedly Stealing $500K in Premiums

marindependent

Guru
1000 Post Club
"Unlicensed insurance agent Ai Ling Lee, also known as Linda Lee, 60, of Hacienda Heights, Calif., was arrested on nine felony counts of grand theft after allegedly stealing roughly $500,000 in clients’ insurance premium payments and failing to place adequate coverage for her clients’ small businesses.

An investigation by the California Department of Insurance found Lee, as owner/operator of Jubilee Insurance Services, allegedly acted as an insurance agent to steal half a million dollars in premium payments even though she was not properly licensed by the department." More From Insurance Journal

Consumers = Check License Status with your State Regulator.
 

Latest posts

Back
Top