Sung Hyun Kim and her sister Caroline Choi, CEOs of sewing companies that were subcontracted by True Religion Brand Jeans were arrested this week along with their CPA, Jae Kim, on 18 felony counts of workers’ compensation insurance fraud totaling …
The recent arrest of Dean Joseph Basler by the Ventura County Sheriff following a California Department of Insurance investigation, serves as an important consumer warning to confirm the validity of insurance coverage. Basler is accused of embezzling more than $250,000 …
More than a dozen people have been arrested for allegedly staging car crashes or submitting phony accident claims in a California insurance fraud scheme. The state Department of Insurance says the scam, centered in Riverside County, netted more than $300,000 …
In the early morning hours of Wednesday, June 18, 2014 multiple enforcement teams from the California Department of Insurance arrested six suspects in San Diego County for multiple counts of felony insurance fraud. The operation titled Bogus Burglary focused on …
A former California insurance broker was arrested on May 30, 2014 by Los Angeles County Sheriff’s Department deputies on 11 felony counts of embezzlement and insurance code violations, after he allegedly duped multiple consumers into believing they were insured while …
A multi-agency task force led by the California Department of Insurance, consisting of more than 100 detectives and investigators focused on curbing California’s underground economy, conducted a sweep across major metropolitan areas statewide issuing more than 60 citations for various …
A four-year investigation into an organized fraud ring has uncovered a million dollar scheme targeting high-end vehicles through auto loan and insurance fraud. Multiple teams from the California Department of Insurance executed coordinated arrest warrants of the suspects in the …
Chip Kyle Bolton, a resident of Arizona who formerly lived in Salinas, Calif., received a maximum sentence to prison for eight years and eight months. The sentence followed a verdict by jury in April 2014 where Bolton was convicted of …
Wayne Lu, 53 of Torrance is in custody on charges of alleged workers’ compensation fraud associated with an injury received during his employment with the U.S. Postal Service. Detectives from the California Department of Insurance, with the assistance of U.S. …
The Department of Insurance announced that Homesite Insurance Company has agreed to pay a penalty of $350,000, and refund $10,522 in premium overcharges to over 70 California policyholders. “Ensuring that insurance companies are conducting business according to all laws and …