Henriquez, a former life insurance agent, was sentenced to two years in state prison and ordered to pay $100,000 in restitution, in addition to court fines and penalties.
According to California Department of Insurance Investigators, in January 2008, Henriquez illegally completed life insurance company surrender documents, forging the signature of his 83-year-old client in order to obtain $100,000 from the client's life annuity policy. When the victim had stopped receiving her annuity policy statements, she notified her son-in-law. Her son-in-law contacted the insurance company, which informed him that the mailing address for his mother-in-law had been changed and that a $100,000 check had been issued in her name against her annuity policy. Her son-in-law drove to the new mailing address and discovered that it was Henriquez's residence. He filed a complaint with CDI, and the Department immediately launched an investigation.
During the course of the investigation, Henriquez admitted to CDI investigators that he forged the victim's signature, changed her mailing address to his address and deposited her money into a business account for his personal use.