Filed Under:Claims, Investigative & Forensics

California Health Agent Submits Bogus Insurance Applications

Defrauds Insurance Company of Thousands

A Califorinia health agent has been arragined on one count felony grand theft involving false insurance applications.

“Defrauding an insurance company out of thousands of dollars doesn’t just hurt that company, it ultimately hurts consumers,” says Insurance Commissioner Dave Jones. ”Individuals who perpetrate such crimes will be prosecuted to the fullest extent of the law.”

According to investigators, from December 2009 until July 2010, Vincent Christopher Bellucci allegedly submitted bogus long-term care insurance applications to Genworth Life Insurance Company. The applications contained false names, addresses and income information for the applicants. The Newbury Park agent was also charged with impersonating some of the insurance applicants when Genworth conducted follow-up personal history interviews over the phone.

When he submitted the phony applications, Bellucci received advanced commissions worth more than $91,000. Bellucci’s insurance license expired on Aug. 31, 2011.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Animal house: 4 insurance issues that arise when kids go to college

College students bring expensive laptops, televisions, bicycles, musical instruments, cell phones and other digital devices into their new dorm rooms. Do your clients have adequate insurance coverage?

Top Story

8 ways to attract millennials to insurance

Attracting young professionals to a career in insurance is not as hard as it may sound.

More Resources

Comments

eNewsletter Sign Up

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.