image credit: Unsplash

Former insurance agent indicted on 21 felony counts

September 10, 2021

A former California insurance agent has been accused of stealing more than $1 million from three former clients.

Steven Gordon, 67, was arraigned Thursday on 21 felony counts of grand theft, forgery, identity theft and credit card fraud, according to the California Department of Insurance.

“The Department of Insurance is responsible for enforcing standards of conduct for insurance agents to protect consumers,” said California Insurance Commissioner Ricardo Lara. “Mr. Gordon had a fiduciary responsibility to represent his clients’ best interest. Instead, he allegedly stole more than $1 million from them, putting his greed above their needs. The Department of Insurance will always persist in investigating and stopping insurance professionals who put their clients at financial risk.”

Read More on Insurance Business