Agent loses license above bogus car insurance coverage


Agent loses license over fake auto insurance

An insurance coverage agent in Flint, MI has had his license revoked after regulators observed that he bought bogus car insurance policies certificates.

The agent, Dillen Leonard, was also ordered by the Michigan Office of Coverage and Financial Solutions (DIFS) to spend a fantastic of $25,000.

The DIFS introduced an investigation into Leonard following getting a complaint versus the agent, which claimed that Leonard allegedly geared up, issued, and delivered bogus coverage certificates to shoppers.

DIFS’s investigation uncovered that Leonard had delivered the pretend certificates of coverage to at minimum 29 people. Authorities noted that just about every certificate was formatted to glimpse like a reputable insurance plan certificate – full with solid inception and expiration dates.

Investigators also identified that every single purchaser experienced knowingly procured fake insurance plan from Leonard, permitting them to register a car or truck with the point out.

“Insurance fraud is a severe crime,” claimed DIFS director Patrick McPharlin in statement. “The section is committed to investigating alleged fraudulent action and will use every single out there resource to cut down unlawful functions that unnecessarily maximize the price tag of coverage in Michigan.”

The scenario has been referred to DIFS’s Anti-Fraud Unit for more investigation, WNEM reported.

 

Linked tales:
Professional insurance coverage agent billed around fraud
N.J. broker headed to prison for stealing $1 million in premiums

 


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