30 days for bilking people out of their hard earned money and leaving them uninsured, exposing them to total financial ruin… no where near enough time behind bars. Sends a ‘slap on the wrist’ message, no deterent here. Should have been at least a year.
I agree, to many of these yo-yos out here in california either licensed or not get away with light sentences. Forget county jail, they need to go to the state pen where a slap on the fanny is nothing. They will get far worse treatment for the rip off crimes, and they will too. Hey people crime dosen’t payoff, and if your going to do the crime prepare to do the time. These thieves always get caught.
Unfortunately, the punishment, as Ron says, is not bad enough to deter these kinds of people so it keeps happening, so no wonder, people don’t generally think that highly of insurance brokers.
This SOB should have been sent to the state penn for a minimum of two years of hard time (a year and a half for good behavior). Thirty days in county jail for a felony such as this? Give me a break! Must have been from a judge appointed by Gray Davis.
You are right Bob; this wasn’t a crime who cares that he put the financial future of five people below his need to make a few dollars. It is actually the insurance company’s fault that he broke the law. Maybe he should sue them for making him break the law. I bet you wouldn’t be saying the same thing if you tried to file a claim and learned you actually have no coverage because your underpaid broker pocketed the money. It is exactly this type of thinking that is ruining our society!
There is no excuse for this. If he doesn’t like the commission he can go sell cars so something else instead of defrauding people and giving a profession a bad name.
Unfortunately, this happens all over the world and will continue to happen no matter what sentences are handed out. The person in question should have recieved a hefty fine to deter others from doing the same.
In the Uk The Financial Services Authority (FSA – regulator for General Insurance as of 15 Jan 05) would have placed a hefty fine against the company/individual and would have the authority in preventing the individual from working within the industry.
Bob, have you ever heard of “fiduciary responsibility?”
Commissions are what they are.
There is no justifying theft. He’s a thief. He is a criminal. I refuse to feel sorry for this scum who is “just trying to make a living.”
That is the sort of new-wave conciousness victimizing crap that is tearing this country apart as people try to evade responsibility for their actions because it’s too hard, or inconvenient.
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30 days for bilking people out of their hard earned money and leaving them uninsured, exposing them to total financial ruin… no where near enough time behind bars. Sends a ‘slap on the wrist’ message, no deterent here. Should have been at least a year.
I agree, to many of these yo-yos out here in california either licensed or not get away with light sentences. Forget county jail, they need to go to the state pen where a slap on the fanny is nothing. They will get far worse treatment for the rip off crimes, and they will too. Hey people crime dosen’t payoff, and if your going to do the crime prepare to do the time. These thieves always get caught.
Unfortunately, the punishment, as Ron says, is not bad enough to deter these kinds of people so it keeps happening, so no wonder, people don’t generally think that highly of insurance brokers.
This SOB should have been sent to the state penn for a minimum of two years of hard time (a year and a half for good behavior). Thirty days in county jail for a felony such as this? Give me a break! Must have been from a judge appointed by Gray Davis.
Give the guy a break, he’s just trying to make a living. IF commisions were higher this wouldnt have happened!
This action should be strike one of three. Not unlike holding someone up with a gun
You are right Bob; this wasn’t a crime who cares that he put the financial future of five people below his need to make a few dollars. It is actually the insurance company’s fault that he broke the law. Maybe he should sue them for making him break the law. I bet you wouldn’t be saying the same thing if you tried to file a claim and learned you actually have no coverage because your underpaid broker pocketed the money. It is exactly this type of thinking that is ruining our society!
There is no excuse for this. If he doesn’t like the commission he can go sell cars so something else instead of defrauding people and giving a profession a bad name.
Unfortunately, this happens all over the world and will continue to happen no matter what sentences are handed out. The person in question should have recieved a hefty fine to deter others from doing the same.
In the Uk The Financial Services Authority (FSA – regulator for General Insurance as of 15 Jan 05) would have placed a hefty fine against the company/individual and would have the authority in preventing the individual from working within the industry.
Bob, have you ever heard of “fiduciary responsibility?”
Commissions are what they are.
There is no justifying theft. He’s a thief. He is a criminal. I refuse to feel sorry for this scum who is “just trying to make a living.”
That is the sort of new-wave conciousness victimizing crap that is tearing this country apart as people try to evade responsibility for their actions because it’s too hard, or inconvenient.