More Felony Charges for California Insurance Agents in Reported $748K Theft

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Much More Felony Fees for The Golden State Insurance Coverage Professionals in Reported $748K Burglary

Added fees of felony grand burglary were submitted today versus qualified The golden state insurance coverage representatives Robert Farmer, 66, of Camarillo, as well as Marion Urcan, 68, of Agoura Hills.

The surcharges were submitted after Farmer as well as Urcan presumably approved greater than $61,000 in insurance coverage costs repayments from a hauling firm as well as misused the cash for their individual usage.

Farmer as well as Urcan last month were arraigned in Los Angeles County Superior Court on comparable fees of grand burglary after presumably approving over $687,000 in insurance coverage costs repayments from numerous company owner as well as swiping those funds. The complete claimed loss in these 2 instances mores than $748,000.

On Feb. 26, 2020, the California Division of Insurance coverage got a problem from the proprietor of a hauling firm in the Humboldt location that affirmed Farmer as well as Urcan, operating as Centerpointe Insurance coverage Providers Limited in Thousand Oaks, approved a check completing $61,519 for the pulling firm’s industrial car insurance coverage, however the representatives did not ahead this exceptional repayment to the insurer.

An examination by the CDI apparently exposed the repayment Farmer as well as Urcan approved was never ever sent out to an insurer to safeguard responsibility insurance coverage for business proprietor, leaving them prone to devastating loss. The claimed burglary led to a $61,519 loss to the pulling firm.

The division is taking management activity versus the licensees.

Farmer as well as Urcan are set up to be arraigned on April 19. The situation is being prosecuted by the Humboldt Area Area Lawyer‘s Workplace.

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