The Department of Consumer and Business Services (DCBS) revoked the insurance agent license of a Gresham man, Allan E. Richard, for violating the Oregon Insurance Code. An investigation by the DCBS Insurance Division found that Richard backdated an insurance application …
Mark Dwayne Jackson, a paroled felon, was recently arrested in a joint Cal/OSHA sting operation conducted by the Los Angeles County District Attorney’s Major Crimes Unit. Jackson allegedly victimized several minority-owned small businesses in the L.A. County area by posing …
Following a 17-month investigation, Evangelos Tsorakis of Elk Grove, Calif., was arrested at his residence yesterday on four felony counts of insurance fraud and one felony count of perjury. The 47-year-old man was booked into the Sacramento County Jail and …
Even after her capture and seven months of living on the lam, Kimberly Morgan claimed she was “being framed” when a CDI investigator began probing allegations in 1999 that she was involved—along with her husband, Robert Morgan—in an alleged $10.3-million …
David Michael Chene, a former Red Bluff insurance agent, pleaded guilty to four felony counts for allegedly duping his former clients into believing that they were investing in legitimate investments backed by State Farm. In 1997, the CDI, Department of …
LeAndre Drake Davis of San Jose was convicted Sept. 8 on 26 federal charges related to three fraud schemes he operated in the wake of the 1994 Northridge earthquake. The 37-year-old man was the president of Shadowbrook Design Group, which …
On Sept. 22, investigators from the CDI Investigation Bureau served search warrants and a cease and desist order (C&D) on a Bakersfield Insurance Agency. The search warrants were executed at the business office, residence and other locations related to the …
The “BBBpi” FSR on Massachusetts-based Commerce Insurance Co. was affirmed by Standard & Poor’s (S&P). The rating action takes into account the combined financial strength of The Commerce Insurance Co., Commerce West Insurance Co., Citation Insurance Co. and American Commerce …
On Sept. 8, Noel Francine DeSota of Lake Forest was arrested and charged with three counts of workers’ comp fraud and six counts of insurance fraud. The 53-year-old woman was working at Creative Business Concepts Inc. in Irvine when she …
On Sept. 8, Anthony Lloyd Willis, a former Los Angeles insurance broker, was sentenced to serve 270 days in jail following an investigation by the CDI Investigation Bureau and the Los Angeles City Attorney’s Office. A restitution hearing is scheduled …
