Estimated reading time: 0 minutes, 17 seconds

AXA Broker Scammed $1.5M from Clients

The United States Attorney’s Office has filed a complaint against former AXA Equitable Life Insurance Company agent Dennis Wright that alleges the Lewistown, Pa., resident used $1.5 million in clients’ assets for his own purposes. So reports insurancenewsnet.

Wright could face a maximum penalty of 25 years in prison and a fine of $1 million.

Read the full article from insurancenewsnet.

Read 5475 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.