- Updating you on what's going on
Chief Financial Officer Jeff Atwater and Miami-Dade State Attorney Katherine Fernandez Rundl announced the recent arrest of Miami insurance agent Diomari Diaz after she allegedly stole insurance premium payments from a South Florida client and provided him with fake proof of insurance documents. She is also accused of stealing thousands in escrow funds from the Florida Trust Insurance Agency account. In total, Diaz misappropriated nearly $25,000, and insurance fraud investigators have reason to believe that additional individuals may have fallen victim to Diaz’s scams.
A client contacted the Department of Financial Services’ Bureau of Insurance Fraud after he suspected that insurance documents provided by Diaz were fake. Investigators confirmed that although the client had paid nearly $4,000 in insurance premium payments, Diaz never actually purchased policies to cover his two South Florida properties. Instead, she created fake documents and used the money for personal purposes.
Investigators later revealed that Diaz opened a corporate bank account and listed herself as the only authorized user. The account included overdraft protection and was set up to transfer funds from the company’s escrow account if overdrawn. By intentionally overdrafting the account, Diaz was able to divert more than $20,000 from the company’s escrow account, all of which was used for personal gain.
Chief Financial Officer Jeff Atwater today announced the recent arrest of Leon "Chuy" Jimenez, owner of Chuy Construction Inc. (Chuy Construction) after a fraud investigation revealed that Jimenez allegedly operated a shell construction company for the sole purposes of selling the company’s workers’ compensation certificate. A shell company conducts no significant business operations and is used as vehicle to conduct fraudulent financial scams, such a workers’ compensation fraud.
La Oficina de Fraude de Seguros del Departamento de Servicios Financieros recibió una denuncia de Asociación de Carpinteros de la Florida donde afirmaban que Jimenez supuestamente estaba involucrado en una actividad ilegal y se abrió una investigación.
The Florida Office of Financial Regulation announced that Allan Michael Roth entered a guilty plea on June 12, 2017, and was sentenced to six years in prison followed by four years of probation for his role in an investment scheme where he sold unregistered securities to more than 20 victim investors. As part of the plea agreement, he made an upfront payment of $100,000 in restitution, and was ordered to pay more than $195,000 in restitution as part of his sentence.
The Florida Office of Financial Regulation announced that Justin Troy Spearman was arrested in North Carolina by the Burke County Sherriff’s Office and charged with grand theft, securities fraud, selling unregistered securities and acting as an unregistered issuer in the sale of securities. The arrest warrant was issued in Orange County, Florida.
The Florida Office of Financial Regulation announced that Eric Franz Peer entered a guilty plea, and was convicted for presenting a forged check in connection with the sale of a fraudulent investment offering. He served 11 months in the Hillsborough County Jail, and was ordered to pay more than $18,000 in restitution.
We highly recommend licensees routinely check their Mi Perfil accounts for messages from the Department. We send an email notification when a message has been sent to remind you to check your Mi Perfil account, but on rare occasions you may not receive that email. For this reason, we suggest you add our domains dfs.state.fl.us y MyFloridaCFO.com to your email software's Trusted or Safe Senders List to ensure you are able to receive email notifications from us. Licensees who have a valid email address on file with the Department, as required by law, are sent important email notifications when something affecting their application, license, continuing education, or appointment(s) occurs. Additionally, we will keep you informed with warnings regarding new schemes and scams being marketed to licensees. You can update your contact information through your Mi Perfil account. We want to keep you informed in a timely manner of pertinent information. You are still required to abide by the Florida Insurance Code regardless of whether you read the information we provide or attempt to provide.