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Another Agent Acting (VERY) Badly

Thursday, April 20, 2017 7:02
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(Before It's News)

This is so wrong, on so many levels:

An insurance agent has been indicted by a grand jury after prosecutors say she scammed an elderly woman out of nearly $40,000 in cash and annuities.”

The agent, Mary Hawkey, apparently convinced her elderly victim, who suffers from dementia, to hand over some $10,000 in cash and $30,000 of annuities. Unlike the case we discussed last month, the wayward agent doesn’t seem to have sold her victim new annuities, going instead for the much simpler “cash it out and pocket the proceeds” technique.

And there’s this:

That’s what I’m afraid of is that there’s going to be other victims out there and other families that may not know” the victim’s granddaughter said.

Let’s hope they’re able to recover at least a portion of this poor woman’s life savings.

[Hat Tip: FoIB Marita M]

Original content copyright © InsureBlog


Source: http://insureblog.blogspot.com/2017/04/another-agent-acting-very-badly.html

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