On January 2nd, 2020

Long Beach Insurance Agent Arrested After Allegedly Stealing Client’s Premium Payment

LONG BEACH- On January 2, 2020, California Department of Insurance (CDI) detectives arrested insurance agent Gelinda Phann Keo, 43, on one felony count of grand theft after she allegedly pocketed a client’s insurance payment of $5,500, leaving that client’s business uninsured.

CDI found Keo, doing business as Global Cargo Insurance Agency, collected $5,500 in premium payment for a cargo policy for a client’s business that included international bonds. The client was notified that customs could not verify the bonds, which caused delays in shipments. The insurance policy Keo secured had been cancelled due to non-payment of premium leaving the business without insurance coverage for months. The client paid an additional $5,500 to the insurance company in order to obtain a valid insurance policy.

“Insurance agents hold a position of trust among their clients,” said California Statewide Law Enforcement Association (CSLEA) President Alan Barcelona.  “Stealing a premium payment and leaving a business without coverage can be financially devastating for that company.  CDI detectives investigate these cases and arrest those suspected of committing a crime.”

An administrative action by CSI against Keo’s license is pending.

California Statewide
Law Enforcement Association

Headquarters:
2029 H Street
Sacramento, CA 95811
916.447.5262
800.522.2873
Southern Office:
5762 Bolsa Ave, Suite 104
Huntington Beach, CA 92649
714.894.4411

About CSLEA

CSLEA Board and OfficersAffiliatesCSLEA FOP Lodge #77CSLEA Foundation

News Center

Monthly NewsletterCalendarVideos

Contact CSLEA

Legal

Legal StaffAdmonishment StatementLegal Defense FundKnow Your Rights VideosLegal FAQLegal Representation CommitteePeace Officer Bill of Rights

Politics

CSLEA Legislative UpdateLegislative Request FormLegislationPAC EndorsementsPast PAC EndorsementsGeneral Election Results

Membership

Join CSLEAAddress Update
Member Services StaffMembership ServicesMember BenefitsScholarshipCSLEA DiscountsSupervisors & ManagersMember Tax Info
© Copyright  - California Statewide Law Enforcement Association
twitterfacebookyoutube-playinstagramvimeo