Ga. Agent Charged with Defrauding Client
Georgia Insurance Commissioner John W. Oxendine said an investigation by his Fraud Unit resulted in a Valdosta insurance agent being arrested and charged with defrauding one of his clients.
Dustin Ty Arnold, 24, has been charged with one count each of insurance fraud, forgery, and computer forgery, Oxendine said. Arnold was arrested by deputies from the Lowndes County Sheriff’s Office.
Arnold allegedly attempted to take out a $4,700 loan on a life insurance policy held by one of his clients.
“On Aug. 21, 2003, Arnold applied for the policy loan without the
policyholder’s knowledge or consent,” Oxendine said. “He also forged the client’s name on the check in order to deposit it into his own account.”
Felony insurance fraud carries a penalty of two to 10 years in prison and/or a fine of up to $10,000. Anyone with any information about this case or any suspicious insurance scheme should call the Fraud Hotline in Commissioner Oxendine’s Office at:
(800) 726-6070.
- DraftKings Sued Over ‘Risk-Free’ Bets That Were Anything But
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- Property Restoration Industry: A Culture in Need of Repair?
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting