"Local businesses are the lifeblood of our recovering economy. Ms. Reed's alleged actions put these businesses owners' livelihoods at risk by stealing their money and leaving them uninsured," said California Insurance Commissioner Ricardo Lara. (Credit: Andrey_Popov/Shutterstock.com)
Grand theft, forgery, embezzlement and aggravated white-collar crime are the charges Karyl Lynn Reed, who acted as an unlicensed insurance agent, is facing for a workers' comp scam she ran from 2012-2019, according to the California Department of Insurance. Reed was arrested early this month in Texas and was extradited back to Orange County.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
