Former State Farm agent wanted for insurance fraud, forgery

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

Former State Farm agent wanted for insurance fraud, forgery

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.

The Cherokee County Sheriff’s Office first received word of the alleged fraud in November 2021. Following an initial investigation, the case was turned over to the commissioner’s office for further review.  

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.

In another insurance fraud case, US Marshals recently reported the arrest of William Maze, a 62-year-old man said to be the mastermind behind a multi-million-dollar scheme that spanned five states, including Nevada and Washington

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

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