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Government seeks $200,000 forfeiture from former Cedar Rapids insurance agent March 18, 2008

Posted by John in Business, Crime/Courts, Insurance.
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From Waterloo-Cedar Falls Courier via InsuranceNewsNet:

Mar. 18–CEDAR RAPIDS — Federal authorities have moved to seize about $200,000 from an insurance agent and investment broker who allegedly bilked clients out of more than $1 million. …

On Friday, the U.S. Attorney’s Office in Cedar Rapids entered a forfeiture action against three cashiers checks from bank accounts in the name of [Jack L.] Straw and his companies, Benefit Services Corp. and JLS and Associates. …

Gazette article here.

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