Posted inCrime

Broker Allegedly Scammed Insurer Out of $140,000 Plus in Pyramid Scheme

An insurance broker accused of swindling a national insurer out of more than $140,000 in commissions through a pyramid scheme was charged with grand theft, the California Department of Insurance announced Monday. Angel Estrada, 22, a formerly licensed insurance producer and owner of Angel Estrada Agency, allegedly wrote bogus commercial insurance policies to earn large […]