A Califorinia health agent has been arragined on one countfelony grand theft involving false insurance applications.
|“Defrauding an insurance company out of thousands of dollarsdoesn't just hurt that company, it ultimately hurts consumers,”says Insurance Commissioner Dave Jones. ”Individuals who perpetratesuch crimes will be prosecuted to the fullest extent of thelaw.”
|According to investigators, from December 2009 until July 2010,Vincent Christopher Bellucci allegedly submitted bogus long-termcare insurance applications to Genworth Life Insurance Company. Theapplications contained false names, addresses and incomeinformation for the applicants. The Newbury Park agent was alsocharged with impersonating some of the insurance applicants whenGenworth conducted follow-up personal history interviews over thephone.
|When he submitted the phony applications, Bellucci receivedadvanced commissions worth more than $91,000. Bellucci's insurancelicense expired on Aug. 31, 2011.
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