Former California Insurance Agent Sentenced for Theft

Officials reported that Paul Edward Broussard, 68, a former insurance agent in Los Angeles was found guilty of two misdemeanor counts of theft from an elder.

Broussard was sentenced on March 3 to 36 months of formal probation and 100 hours of community service. He was ordered to surrender his insurance license to the California Department of Insurance (CDI) and not to reapply for a new license for a lifetime. Authorities said Broussard made full restitution of $32,500.00 to the victims prior to sentencing.

The case was investigated by the CDI – Los Angeles Investigation Division and prosecuted by the Los Angeles County District Attorney’s Office, Elder Abuse Unit.

Source: California Department of Insurance