News: 2008 Press Release

LOS ANGELES ― Insurance Commissioner Steve Poizner today announced the arrest of Saundra Aloah Johnson, 57, of Inglewood, for allegedly scamming her employer out of hundreds of dollars. 

"As Insurance Commissioner, I will continue tackle insurance fraud - large and small," said Commissioner Poizner.  "I want to applaud the efforts of the Department of Insurance investigators who continue to work tirelessly to protect all Californians from fraud perpetrators." 

An investigation by the California Department of Insurance (CDI) Investigation Division revealed that between August and October 2005, Johnson purportedly collected $939.83 in insurance premiums from individuals looking to purchase life insurance policies.  Instead of remitting the money to her employer, American General Life and Accident Insurance Company (AIG), Johnson allegedly pocketed the premium payments.  The CDI investigation also determined that Johnson allegedly reported bogus premium payments of $869.63 to her employer, under client accounts, but never collected any money.  CDI alleges that she falsely posted these payments in order to receive commission from AIG. 

Johnson was charged with one felony count of grand theft and two misdemeanor counts of theft of elder property.  This case is being prosecuted by the Los Angeles County District Attorney's Office Elder Abuse Unit.  If convicted, Johnson may face up to five years in prison.