Chicago Man Sentenced to 7 Years in Prison for Selling Fraudulent Insurance Policies in Orange County
Jacob Richard Bonzer, 28, worked for Farmers Insurance Group in Brea between 2009-2010. Bonzer was terminated after failing the Farmers Career Program and after he was terminated, investigators found 128 homeowner policies listed to the Brea office that were not associated with the properties. In all, more than $900,000 in commissions and premium payments for the fake policies were made to Bonzer.
Bonzer received 7 years in prison after pleading guilty to 49 counts of grand theft, one felony count of forging a California Department of Insurance Examination report, transacting insurance business without a certificate of authority, 45 felony counts of insurance fraud, with sentencing enhancements for aggravated white-collar crime totaling more than $500,000 and taking more than $200,000. He is also ordered to pay restitution in the amount of $918,300.