California Agent Pleads Guilty to Selling Bogus Bonds and Premium Theft

John Antonio Ruiz, 49, of Riverside, Calif., pleaded guilty to 11 felony counts of grand theft after selling $334,972 in bogus surety bonds and stealing the client’s premium. His theft left a major retailer exposed to loss on a construction …

from News – Insurance Journal http://ift.tt/1RNIZQC
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