Taylor: Former Fremont insurance agent sentenced for $58,000 grand theft
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Press Release-
Former insurance agent and agency owner Charles Gabel, of Fremont, was sentenced in the Sandusky County Court of Common Pleas to three years of community control supervision and 100 hours of community service for grand theft, according to Ohio Lieutenant Governor Mary Taylor. He also was ordered to pay restitution to his victims.
An Ohio Department of Insurance investigation led to Gabel pleading guilty to misappropriating more than $58,000 from two clients.
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“Consumer protection is our number-one priority,” said Taylor, also director of the Ohio Department of Insurance. “This individual took advantage of trusting customers, and he is being held accountable for his illegal conduct.”
Gabel intentionally produced fictitious policy premium invoices to defraud clients for his financial benefit. Gabel stated an audit revealed additional premium payment funds were owed. It was later determined the clients’ accounts were already in good financial standing.
Gabel surrendered his Ohio insurance agent license on Aug. 12, 2015.
Ohioans aware of insurance fraud are urged to report it to the Ohio Department of Insurance by calling 1-800-686-1527. Insurance fraud information is available at www.insurance.ohio.gov.
An Ohio Department of Insurance investigation led to Gabel pleading guilty to misappropriating more than $58,000 from two clients.
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“Consumer protection is our number-one priority,” said Taylor, also director of the Ohio Department of Insurance. “This individual took advantage of trusting customers, and he is being held accountable for his illegal conduct.”
Gabel intentionally produced fictitious policy premium invoices to defraud clients for his financial benefit. Gabel stated an audit revealed additional premium payment funds were owed. It was later determined the clients’ accounts were already in good financial standing.
Gabel surrendered his Ohio insurance agent license on Aug. 12, 2015.
Ohioans aware of insurance fraud are urged to report it to the Ohio Department of Insurance by calling 1-800-686-1527. Insurance fraud information is available at www.insurance.ohio.gov.