Friday, September 25, 2020

Ford Sentenced in Cannabis Insurance Embezzlement Case

Posted By on Fri, Sep 25, 2020 at 4:06 PM

Humboldt County Superior Court Judge Christopher Wilson sentenced John Ford to serve 90 days in jail and five years probation after the former insurance broker pleaded guilty to felony embezzlement.

An investigation by the Humboldt County Sheriff's Office, the District Attorney's Office and the California Office of Insurance alleged that Ford contracted with various clients in 2016, including several cannabis businesses looking for insurance policies, but simply pocketed premium payments rather than purchasing policies. He was charged with 13 counts of embezzlement and grand theft.

According to a press release from the DA's office, Ford's sentence includes an order to make restitution payments to all victims.

Read the full press release copied below:

PRESS RELEASE

September 25, 2020

District Attorney Maggie Fleming announced that on September 24, 2020, Judge Christopher Wilson sentenced former insurance broker, John Ray James Ford, to five years of formal probation and 90 days in jail. Mr. Ford pled guilty to violating Penal Code Section 503, felony embezzlement. A client and the client’s attorney first reported misappropriation of funds by Mr. Ford to the Humboldt County Sheriff’s Office (HCSO). The HCSO, Humboldt County District Attorney’s Office, and the California Department of Insurance then collaborated on an investigation. The investigation revealed that in 2016, Mr. Ford had contracted with various clients, including cannabis-related businesses, to broker insurance policies on their behalf. After receiving premium payments from clients, he either did not put coverage in place or established policies that were subsequently cancelled by the insurer for non-payment. Mr. Ford used the payments from clients for his own business and personal expenses. Mr. Ford’s sentence includes an order to make restitution to all victims.  

  • Pin It
  • Favorite
  • Email

Tags: , , , ,

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

Readers also liked…

About The Author

Thadeus Greenson

Bio:
Thadeus Greenson is the news editor of the North Coast Journal.

more from the author

  • 'Inadvertent Disclosure'

    Eureka City Schools emails shed light on Jacobs property swap
    • Jul 25, 2024
  • Jackson's Retreat

    The contract clause that allowed Cal Poly Humboldt's embattled president to step down into a high-paid instructional position
    • Jul 25, 2024
  • 'Profound Concern'

    Alleged victim distressed by DA's handling of hate speech, antisemitic threats case
    • Jul 25, 2024
  • More »

Latest in News Blog

socialize

Facebook | Twitter

© 2024 North Coast Journal

Website powered by Foundation