LOS ANGELES- On September 8, 2018, Andrew Barcoma Go, 51, of Bellflower, was arrested on seven felony counts including six for identity theft and one for grand theft after allegedly falsifying information on insurance applications to steal more than $34,000 from Farmers Insurance.
“California Department of Insurance investigators and detectives work to protect consumers and insurers in an industry targeted by fraudulent individuals,” said California Statewide Law Enforcement Association (CSLEA) President Alan Barcelona. “The insurance commissioner is to be commended for his department’s law enforcement and investigative work.”
"My department regulates more than 410,000 licensed insurance agents and brokers who work hard to safeguard sensitive client information," said California Insurance Commissioner Dave Jones. "Go's alleged behavior reflects poorly on every other honest agent who is trustworthy and works hard to serve their clients."
After receiving a complaint from Farmers, the California Department of Insurance launched an investigation which revealed that while working for his own agency, Andrew B. Go Insurance Agency, Go allegedly submitted falsified customer information on insurance policy applications and renewals without the customers' knowledge in order to obtain unwarranted premium discounts.
The investigation identified multiple victims of identity theft who did not know Go and never authorized their information be used to obtain discounts. Go's alleged scheme resulted in not only $34,228 in losses to Farmers that Go embezzled, but also additional loss in premium. Go's license was revoked on July 18, 2017 due to the allegations of this investigation. Prior to that, he had been licensed since 2001.
Go was arrested by the Los Angeles County Sheriff and released on bail.