Snohomish insurance broker allegedly siphoned thousands

— to www.snoho.com

The post Snohomish insurance broker allegedly siphoned thousands appeared first on Correct Success.

source https://correctsuccess.com/insurance/snohomish-insurance-broker-allegedly-siphoned-thousands/

By TRIBUNE STAFF Printed November 25, 2020 Snohomish insurance coverage dealer allegedly siphoned hundreds SNOHOMISH — The federal authorities charged an insurance coverage dealer in Snohomish with 5 counts of fraud for allegedly stealing roughly $750,000 in insurance coverage premium funds from varied shoppers. Vicki Boser, who owned and operated InsuranceTek, Inc., appeared in U.S. District Courtroom in Seattle on Nov. 13. If convicted for the allegations, wire fraud is punishable by as much as 20 years in jail. The U.S. Division of Justice says that between 2014 and 2016, Boser defrauded enterprise shoppers in high-risk insurance coverage fields comparable to non-public investigators, course of servers, mortgage and subject service firms, and safety guard firms. “Boser was required by legislation to gather the premium funds from the shoppers and pay them over to the insurance coverage firms,” the Justice Division informed the press. “As a substitute, she pocketed a number of the funds, created false insurance coverage certificates, and led the high-risk firms to consider they have been insured.” The case is being investigated by the FBI and the Felony Investigative Division of the state’s insurance coverage fee.

Try our on-line Publications! Finest seen within the Firefox or Chrome browsers