The Florida Division of Insurance Fraud has charged Jacksonville insurance agent Kathren Zaazouh with insurance fraud and organized scheme to defraud. Zaazouh allegedly submitted approximately 225 bogus insurance applications and pocketed almost $46,000 in advance commissions. She faces a maximum sentence of up to 30 years in prison if convicted.
Zaazouh worked for American Family Life Assurance Company of Columbus (AFLAC) until March 2009, when she was terminated following an investigation by AFLAC's Special Unit Investigator. AFLAC then forwarded its findings to the division for criminal investigation.
The subsequent investigation found that Zaazouh submitted hundreds of applications with fake names of employees for several different businesses that had AFLAC group policies and created a fake business using a list of non-existing employees.
The division made over 800 insurance fraud-related arrests in the last fiscal year.
