Investigations by a California Department of Insurance led to a arrests of word agents who allegedly stole tens of thousands of dollars from clients and unsuccessful to place word coverage for those clients.
Maria Aquino, 34, of South Gate, was charged with mixed transgression depends of piracy and burglary for allegedly pocketing over $48,000 in word reward payments and unwell to place word coverage for her clients between 2011 and 2018.
The reward payments collected by Aquino, while doing business as Kino Insurance and Tax Services, were reportedly never sent to word carriers. Aquino allegedly falsified certificates of word for some-more than 8 clients in sequence to censor her embezzlement. Her permit was revoked in 2018.
In a apart case, Chih Ming Huang, also famous as James Huang, 41, of Rowland Heights, was charged with mixed depends of embezzlement, burglary and forgery after allegedly hidden scarcely $14,000 dollars from some-more than 3 clients and also unwell to place word coverage for his clients.
After receiving a censure from Farmers Insurance, where Huang had been formerly employed, a dialect found that between 2011 and 2013, Huang reportedly embezzled reward payments by fixation coverage for clients afterwards canceling a coverage but his clients’ knowledge.
Cancelling a coverage generated reinstate checks to his clients, that he perceived since he had altered their residence on record to a plcae he controlled. Huang afterwards reportedly practical a refunds to policies in a names of his aliases and cancelled those polices to get refunds in his possess name, that he deposited into his personal bank account. The dialect is holding movement opposite Huang’s license.
Both of these cases are being prosecuted by a Los Angeles County District Attorney’s Office. Aquino surrendered on Feb. 27 to a Downey Police Department. Huang will obey on Mar 4.