Special Investigators with the Arizona Department of Insurance Fraud Unit, and the Tucson Police Department, arrested Wesley Neil Bass at his residence in Tucson on May 19, 2003. Bass was arrested on an outstanding warrant charging him with Attempted Fraudulent Schemes (a class 3 felony), on allegations of selling long term care insurance policies to local elderly residents without a license.
Bass’ insurance license was previously revoked by an administrative order on Nov. 21, 2002 for misappropriation, misrepresentation, and deceptive sales tactics (Docket No. 02A-110-INS). Bass took insurance premiums for long term care insurance from two different widows, over 80 years of age, but he kept their money rather than remitting it to any insurance companies. Bass gave the women fictitious policy documents to deceive them into believing they had the long term care insurance he had purportedly sold to them.
Without a license, Bass is barred from selling insurance in Arizona. Bass ignored the revocation of his license and continued selling insurance, which lead to his recent arrest. The Department became aware of Bass’ continued sales activity when contacted by the caregiver of an elderly Tucson woman who was suspicious about Bass’ activities. Fraud Unit investigators identified at least three life and long term care insurance policies that Bass had sold to elderly victims after his license had been revoked.
Prior to his arrest yesterday, Bass was awaiting trial in Pima County on felony charges related to an indictment from the state Grand Jury on Nov. 2, 2002 on prior allegations of misappropriation of premiums (fraudulent schemes, class 2 felony). Trial was scheduled for early June, but has been continued.
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