Insurance producer’s license revoked

The agent has been stripped of her license after a tax fraud case

Insurance News

By Ryan Smith

An Idaho insurance agent has had her license revoked by the state’s Department of Insurance after pleading guilty earlier this year to tax fraud crimes.

Cruz “Kelly” Chacon, owner of Kelly’s Tax Service in Rupert, pleaded guilty in February to preparing false income tax returns for her clients. Chacon also ran a Farmers Insurance branch in Rupert.

According to the U.S. Attorney’s Office, Chacon and her employees had submitted more than 2,500 falsified tax returns. They falsified returns primarily by claiming credits to which their clients weren’t entitled.

In May, Chacon was sentenced to a year of supervised release and ordered to pay more than $81,000 in restitution, according to Fox News Radio 1310.

On Tuesday, the Idaho Department of Insurance revoked Chacon’s insurance producer license.

“Insurance professionals hold a position of trust and have a duty to be honest and forthright in all their dealings,” said Dean Cameron, director of the department. “We are obligated to remove the license when we are made aware of misdeeds that could negatively impact the insurance-buying public.”
 

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