Georgia Insurance Agent Arrested For Pocketing $2K in Client Rates – Insurance Journal

A Georgia insurance agent has been arrested on seven counts of insurance fraud and 3 counts of forgery in the very first-diploma for having insurance premiums from her purchasers and issuing them fraudulent payment receipts, in accordance to a assertion from Georgia Insurance Commissioner Ralph Hudgens.

An investigation by Hudgens’ Fraud Division revealed that between 2015 and 2016, Lynne Marie Webb, 33, of Carroll County allegedly pocketed premiums payments for vehicle insurance from her purchasers as a substitute of forwarding the income to the insurance business for protection. At the time of the theft, Webb was used by the Robert Kenimer Condition Farm Agency, in Carrollton, Ga. Fraud investigators consider that Webb embezzled approximately $two,712.00.

“Mrs. Webb’s steps have put buyers at sizeable economical possibility,” reported Hudgens. “I will not tolerate any insurance agent stealing from Georgia buyers.”

Webb is presently currently being held in the Carroll County Jail awaiting bond. A disciplinary action against her license to sell insurance is presently below review by the Section of Insurance. The circumstance will be prosecuted by the Carroll County District Attorney’s Place of work.

Commissioner Hudgens urges any person who carried out insurance transactions with Webb to speak to the insurance business outlined on their policy to validate they have the protection they paid for, or speak to our Consumer Hotline at one-800-656-2298.

Coverage fraud is a felony with a penalty of two to 10 a long time in jail and/or a fine of up to $10,000.

Resource: Georgia Section of Coverage

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