Fraud of the WeekBroker fraud - CaliforniaAmount - $183,047


A former broker pleaded guilty to 90 counts of grand theft, insurance fraud, elder abuse, and forgery for collection premiums and failing to place insurance for customers resulting in $183,047 in stolen premium payments from 32 victims over 8 years. She was ordered to pay $335,349 in resitution, and has been sentenced to three years of formal probation; if she violates the probation she faces a possible 33 years in prison.