Former State Farm agent wanted for insurance fraud, forgery

Former State Farm agent wanted for insurance fraud, forgery

Former State Farm agent wanted for insurance fraud, forgery | Insurance Business America

Insurance News

Former State Farm agent wanted for insurance fraud, forgery

Authorities say he pocketed money intended for a client’s premium payment

Insurance News

By
Mika Pangilinan

Authorities are on the lookout for a former State Farm agent who allegedly pocketed money intended for a client’s insurance premium payment.

Michael Preston, a 42-year-old from Woodstock, Georgia, is facing charges of insurance fraud and forgery.

According to the Office of the Insurance and Safety Fire Commissioner, Preston received a $3,500 premium payment from a client and redirected this sum into his personal bank account. He was later fired from his position at State Farm.

“The suspect did not use the $3,500 check for its intended purpose,” said Commissioner John F. King in a news release.

A warrant has been issued for Preston’s arrest on November 15, according to a statement from the commissioner’s office, but he remains at large and is wanted by authorities.

Maze was arrested in Jacksonville, Florida earlier this month after four years on the run.

What are your thoughts on this story? Feel free to share your comments below.

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!

See also  Did MetLife go out of business?