Felony Conviction - Want to Sell Final Expense

[Winter_123]

Trust me kids! I know a few insurance agents who have gone to jail for insurance related crimes and came out and went back to selling insurance. The key I think is they move a couple of states over and let a year or two pass and then get licensed there. I know a guy who got 1 1/2 years here in the state pen for taking clients premiums and putting them in his account and never forwarding the apps to the insurance company. He fought his case in courts for a year or so and then went and did his time and then moved across the country a few states to Phoenix Arizona and is now a top salesman for a life insurance company there. I even noticed that a couple of years ago he now has a non residents license in this state again!

Much of this depends on the facts of course. I assume the gentleman is applying for a license and expecting the DOI to have knowledge of the crime. That is different than an agent moving across the country and applying in a state that may or may not do a sufficient background check to find out about something that occurred in another state. There is always a difference between what is legal and what you can get away with.

With national producer id numbers etc, they are tightening up on some of this. Same situation in medicine for example. If you are asking me if a person in my state who has been convicted of child molestation with a patient will be licensed, I am going to say most likely not. If you ask me however if I think there are doctors in my state who have been convicted of this elsewhere and got licensed because the state didnt find out, then I am going to answer yes.Those are two totally different scenarios. And yes, I know that they have instituted a national database but it is still amazing what goes undetected.

 

[readynwilling]

I have zero desire not to disclose it, or to try to get around it. Just the opposite. I don't want to build a career, and then worry someone would find out about my past. Open, and honest is how I want to handle this, not like a snake slinking around in the night.

 

[VaDwayne]

Trust me kids! I know a few insurance agents who have gone to jail for insurance related crimes and came out and went back to selling insurance. The key I think is they move a couple of states over and let a year or two pass and then get licensed there. I know a guy who got 1 1/2 years here in the state pen for taking clients premiums and putting them in his account and never forwarding the apps to the insurance company. He fought his case in courts for a year or so and then went and did his time and then moved across the country a few states to Phoenix Arizona and is now a top salesman for a life insurance company there. I even noticed that a couple of years ago he now has a non residents license in this state again!

The way this guy got in trouble was funny actually. Well not really. It all started when he got the IRS gnawing down on his ass. He was making a cool 125,000 a year living in a nice 200,000 dollar house and a member of the country club and evrything else. Of course according to his taxes(after fluffed up deductions) he was only making 20,000 a year! The IRS called him into thier office after they had been fighting with him awhile and the IRS agent finally pulls out a picture of his 200,000 house and his 35,000 boat he had went out and taken and said "unless you can explain how a guy who only makes 20,000 a year can afford to live in a house like this real fast Im going to nail your ass to the wall". Of course he was not able to explain it and the IRS promptly raided his bank accounts and took evry dime he had. And thats what got him behind the 8 ball to the point that he was so desperate for money to pay his bills that he began taking clients checks and putting them in his own bank account and spending them. He planned on catching up and eventually forwarding the premiums but it all went tl hell and snowballed and in the end he lost his house and his wifee aand went to jail.
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GORDO SAID- "I've got a mark on my insurance record from "unauthorized" investigation back in 2001-2002 of Mega Life agents. We recorded the "sales pitch" with the intent to turn them over to the state for multiple violations. The state frowns on agents acting like cops and put me on probation for 255 days (the balance of 2005) when the case finally came up. That little infraction has cost me"
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Its been like that since the beginning of time dumbass! You call the cops up to turn your neighbor in for something and they come out to your house and find something they dont like and end up busting you and letting your neighbor skate off scott free. Theres never been any future in being a nark! You should of learned that in grade school!

YODA wrote "He was making a cool 125,000 a year living in a nice 200,000 dollar house and a member of the country club and evrything else."

I don't know where you live, I guess Alabama unless you are to ignorant to change your flag, but $200,000 doesn't buy a very large house, and $35000 doesn't buy much of a boat. I think we now see what you true income level is.

YODA wrote "Its been like that since the beginning of time dumbass!"

I thought this name calling business was not allowed on this forum!!! Mr. Keyboard Warrior has done it again. He brings nothing positive to this forum. Sorry, he actually does; He makes me look like a saint.

 

[Yoda]

Just what would you call somebody who was supposed to be an insurance agent pretending he was a detective who was insane enough to run to the dept of insurance with the evidence and expect them to convict someone? I mean really what did this fool think the dept of insurance was going to do? Did he think they were going to say good work and offer him a job?

 

[ABC]

readynwilling

You can apply for an insurance license if they turn you down
then go to the DOI and make an appeal.

During the appeal process is where you can make your case on why you should have the insurance license.

That fact you had a felony in a financial area could make it tough for you to win appeal. The fact you did time for taxes is heavy.

You will need some political clout to pull this off.

 

[arnguy]

I am not a lawyer, but I think you will have a very little chance of getting licensed inasmuch as your felony was a Federal conviction. Moving to another part of the country probably wouldn't help. You paid your debt to society. It's a shame that your past can keep haunting you, but the financial industry takes a dim view of someone who committed a financial crime. If I were you, I would consult an attorney who specializes in the employment field. It could save you a lot of grief. When I read the title of your thread I had a picture of someone who had committed a murder and now wants to sell Final Expense---that would be a no brainer. Good luck to you.

 

[readynwilling]

Kind of ironic, but I DO understand it would likely be easier for me to get a license with a murder then a fraud conviction. It is easier to argue a murder was a crime of passion, with no real thought behind it. Nevertheless, I am glad I did not commit a violent crime, and wish I never committed any crime.

 

[TristanTLC]

The best thing you can do is find an attorney to assist you. If you can get a license, I can get you appointment

 

[Ceriale17429]

What company would appoint this person if he or she can obtain a license?

 

[arnguy]

What company would appoint this person if he or she can obtain a license?

Thanks for bumping a two and a half year old thread!