Ex-insurance agent sentenced for fraud

Ex-insurance agent sentenced for fraud

Ex-insurance agent sentenced for fraud A former insurance agent based in south-central Idaho has been sentenced to 30 days in jail and five years of probation.

Mark J. Lee, 49, received the sentence earlier this week in 4th District Court, The Associated Press reported. He was also asked to pay $1,800 in restitution.

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The Idaho Attorney General’s Office began prosecuting the former agent after an investigation by the state Department of Insurance discovered that Lee had misappropriated insurance premiums for his own use.

In September, Lee pleaded guilty to misappropriation or diversion of fiduciary funds.

According to the Attorney General’s Office, Lee’s scheme was uncovered when one of his clients filed a complaint when an insurance company told him that his policy was canceled because it went unpaid.


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