Jacksonville insurance agent accused of writing 98 fraudulent life policies

3 years ago 267

JACKSONVILLE, Fla. – An security cause was arrested and charged with fraud aft authorities investigators said helium submitted fraudulent beingness security argumentation applications without the cognition oregon consent of the named policyholders successful bid to get commissions.

Reuben Bradley Dunbar was is facing charges for some security fraud and organized fraud by a licensed security agent.

An probe conducted by the Florida Bureau of Insurance Fraud revealed that Dunbar, who worked astatine Phoenix Insurance Inc. filed much than 98 fraudulent beingness security policies without the support oregon cognition of those named successful the polices. The security argumentation applications contained the location address, telephone fig and slope relationship fig of Dunbar successful lieu of the purported insureds.

She authorities said that erstwhile Dunbar completed the security argumentation exertion and submitted it to the insurer, helium paid the archetypal premium from his slope relationship via physics funds transfer. Dunbar would past person the origination committee from selling the policy.

“Fraud committed by a Florida-licensed security cause is particularly despicable arsenic it breaks the important assurance consumers indispensable person successful a trusted security advisor, Florida’s CFO Jimmy Patronis said. “Insurance fraud similar this drives up security rates for each Floridians.”

Dunbar was arrested and booked into the Duval County Jail. If convicted, helium faces up to 10 years successful prison.

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