Arraignment set for former Los Angeles broker charged in decade-long auto insurance scheme
News: 2016 Press Release
After receiving a complaint from one of Villegas' victims, the department's Investigation Division found that after her broker license expired in 2002, Villegas failed to renew her license and continued posing as a licensed broker. For over a decade she sold automobile policies to consumers and misrepresented their information on insurance applications.
Villegas used false birthdates and addresses for clients to offer lower premiums in order to secure more business and gain more commissions. Victims were unaware that she falsified their policy documents.
The department is requesting that anyone who purchased insurance from Villegas to contact the department's Investigation Division at (661) 253-7500.
Arraignment is scheduled for October 27, 2016. This case is being prosecuted by the Los Angeles City Attorney's Office.
- Villegas has been charged with one misdemeanor count of California Insurance Code (CIC) §1631 transacting insurance without a license.
- No photo is available and the suspect will appear based on a letter sent from the City Attorney's Office. Failure to appear will result in an arrest warrant.
- Victims are not facing any penalties for Villegas' actions.
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.