Teresa Marie Davis
POMONA – She was smart enough to make an attempt at insurance fraud and identity theft and thus score some temporary big bucks, but not smart enough to evade arrest.
52-year-old Teresa Marie Davis was recently arrested for her part in a scam in which she stole over $67,000. Likely through her role as a former licensed agent, Davis procured the names of several legitimate businesses so that she could falsely create employee payroll acknowledgments.
In addition, Davis created fictitious businesses at fictitious addresses for additional payroll acknowledgments.
Authorities have determined that Davis submitted 393 fraudulent insurance applications during an eight month period in 2011. When she used the actual identities of four people to continue her ruse, questions arose when they began receiving letters about a policy from unknown insurers.
Insurance Commissioner Dave Jones stated, “This case is a warning to businesses and individuals on spotting potential identity theft. Do not simply disregard mail you receive because you believe it’s an error; it could be the warning that something more serious is going on.”
Davis is still being held on $245,000 bail and faces her preliminary hearing on February 26 in Pomona Superior Court.