Life insurance agent News

Florida Insurance Agent Found Guilty of Racketeering, Money Laundering

A jury has found Cantonment, Fla., insurance agent Randall Petersen guilty of racketeering and money laundering. An investigation by the Department of Financial Services’ Division of Insurance Fraud revealed that Petersen conspired with others during 2010 and 2011 using the …

Former California Agent Convicted of Stealing School Employee Identities

Magaly Morales, 51, a former life insurance agent, has been sentenced to three years and four months in state prison for stealing information from school district employees in 13 California counties. Morales last week plead guilty to forgery, identity theft …