Insurance agent arrested for defrauding susceptible senior shopper

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Insurance 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 dwelling 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 “health care manager.”

Through this alleged scheme, she acquired greater than $90,000 from the sufferer. These embody checks which look like cast. Kanarek additionally offered two annuities to her sufferer totaling over $580,000; the annuities have been towards 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 Adult Protective Services and the Orange County Public Guardian assisted in representing the sufferer’s pursuits. They additionally petitioned for conservatorship of the sufferer and their property in Orange County Superior Court.

Kanarek was arrested by the Newport Beach Police Department 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 towards the previous agent.

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

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