Illinois Insurance Agent Pleads Guilty to Fraud

June 25, 2009

Zion, Ill., resident Reuben Collier Jr. has pleaded guilty to four Class 3 felony charges in Lake County Court, the Illinois Department of Insurance announced. Collier, an insurance agent licensed by the Department, operated Collier Insurance Agency based in Waukegan, Ill. Working with the Waukegan Police Department and the Lake County State’s Attorney’s office, Department investigators concluded that Collier’s fabricated false insurance certificates for 22 north suburban businesses and bilked clients for approximately $400,000 that he used for personal expenses.

According to Department investigators, Collier “willfully forged hundreds” of insurance certificates, misrepresenting that client payments for premiums had been forwarded to insurers for coverage.

Department and Waukegan Police Department investigators found that many of Collier’s clients paid Collier in cash for workers’ compensation coverage, and that Collier told those clients that lower premiums paid reflected a discount because of the cash payment. Bogus policies were renewed when clients’ policy periods were near or past the lapse deadline, with clients visiting Collier personally to make cash payments. When his clients would need additional proof of insurance for a specific project, Collier created a fraudulent certificate.

As a result of his guilty plea, Collier was sentenced to 30 months probation with the following conditions:

  • Serve a term of periodic imprisonment and follow all rules of periodic imprisonment; for a period of 12 months, two of which shall be served as periodic imprisonment and 10 months shall be served on electronic home monitoring;
  • The defendant shall be released for work; specifically defendant may be released as necessary for his limousine work assignments, and his license service business;
  • Make restitution in the total amount of $97,136 divided among 24 separate victims;
  • Subject to random urine and breathalyzer testing; and,
  • Provide a DNA sample for testing.

Source: DOI

Was this article valuable?

Here are more articles you may enjoy.