Saturday, February 4th, 2023

Insurance coverage agent arrested for defrauding susceptible senior shopper

Between 2018 and 2021, Kanarek labored as a licensed life insurance coverage agent. In 2020, she moved to the sufferer’s house as an alleged roommate, however when she later heard of her sufferer’s medical situation, Kanarek managed to achieve management of the sufferer’s funds whereas posing because the sufferer’s “well being care supervisor.”

By this alleged scheme, she obtained greater than $90,000 from the sufferer. These embody checks which look like solid. Kanarek additionally offered two annuities to her sufferer totaling over $580,000; the annuities had been in opposition to the sufferer’s monetary curiosity and enabled Kanarek to gather over $7,800 in fee.

Kanarek additionally tried to withdraw over $110,000 from the sufferer’s IRA, and even tried to promote the sufferer’s home.

A CDI launch stated that Orange County Grownup Protecting Providers and the Orange County Public Guardian assisted in representing the sufferer’s pursuits. Additionally they petitioned for conservatorship of the sufferer and their property in Orange County Superior Courtroom.

Kanarek was arrested by the Newport Seashore Police Division and booked into Orange County Jail, with a $50,000 bail set.

CDI additionally revealed in a launch that it had revoked Kanarek’s license on December 29, 2022, and had imposed an business ban in opposition to the previous agent.

Final Could, CDI had additionally helped within the arrest of former insurance coverage agent John Ryan, who was equally charged with elder abuse, grand theft, and id theft. Ryan allegedly diverted greater than $75,000 from the accounts of artwork seller and philanthropist Gregg Juarez whereas appearing as his insurance coverage agent.

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