A Southern California woman acting as an unlicensed insurance agent faces nine felony counts after her arrest on suspicion of stealing approximately $500,000 worth of client premiums, according to the California Department of Insurance.
Ai Ling Lee, 60, of Hacienda Heights, was arrested Friday after allegedly stealing premium payments and failing to secure appropriate coverage for her clients’ businesses, CDI announced in a news release.
Lee was the owner of Jubilee Insurance Services, where she allegedly acted as an agent despite not being licensed by the state.
Accord...
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