Monday, June 2, 2008

Los Angeles Agent Charged in Fraud Caper

California Insurance Commissioner Steve Poizner announced that Los Angeles insurance broker Warren Leon Johnson, 74, of Los Angeles has been charged with grand theft.

On July 12, 2007, Johnson allegedly accepted a $573.80 check from a fraud victim for the purpose of providing an auto insurance policy. A California Department of Insurance investigation revealed that the auto insurance company through which Johnson purportedly provided the victim coverage had not received any payment on behalf of the victim. The investigation revealed that instead of remitting the payment, Johnson allegedly pocketed the victim's money.

Johnson is ordered to appear for an arraignment on July 9, 2008 in the Los Angeles County Superior Court.

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