Snohomish insurance broker allegedly siphoned thousands
SNOHOMISH — The federal government charged an insurance broker in Snohomish with five counts of fraud for allegedly stealing approximately $750,000 in insurance premium payments from various clients.
Vicki Boser, who owned and operated InsuranceTek, Inc., appeared in U.S. District Court in Seattle on Nov. 13. If convicted for the allegations, wire fraud is punishable by up to 20 years in prison.
The U.S. Department of Justice says that between 2014 and 2016, Boser defrauded business clients in high-risk insurance fields such as private investigators, process servers, mortgage and field service companies, and security guard companies.
“Boser was required by law to collect the premium payments from the clients and pay them over to the insurance companies,” the Justice Department told the press. “Instead, she pocketed some of the payments, created false insurance certificates, and led the high-risk companies to believe they were insured.”
The case is being investigated by the FBI and the Criminal Investigative Division of the state’s insurance commission.
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