Arrest of former Pomona insurance agent results in plea deal
News: 2016 Press Release
POMONA, Calif. —Sanny Cazares, 46, of La Verne, pleaded no contest in Pomona Superior Court to a charge of felony grand theft.
In September 2014, the California Department of Insurance Investigation Division received a complaint from a business owner alleging that Cazares sold her a general liability policy for $1,960 to insure her business. According to the complainant, Cazares admitted that no premium was remitted to an insurance company, leaving the complainant’s business exposed for at least three months. The department’s investigation supported the allegations and led to the self-surrender of Cazares.
"Cazares' theft left this business owner at great financial risk," said Insurance Commissioner Dave Jones. "Dishonest agents and brokers who scam their clients will be pursued by my office."
Under the plea deal, Cazares agreed to pay $1,960 in restitution, serve three years formal probation and serve 120 days community service. Cazares surrendered her insurance license to the Department of Insurance in court the same day of sentencing.
This case was prosecuted by the Los Angeles District Attorney’s office in Pomona.
The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $289 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance web site at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.HELP or 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.