The former insurance agent was sentenced to 136 months in prison and ordered to pay restitution to her victims after she pleaded guilty to two counts of wire fraud.
Jamie Donnelly A former Tucson insurance agent was sentenced to over 11 years in prison for defrauding an elderly client of over $1 million.
In October 2018, Williams advised her 80-year-old client to cash out eight life insurance policies and obtain approximately $1 million under the false promise that the life insurance funds would be better invested in annuities after she realized she was under investigation for an earlier annuity theft scheme, the news release said.
People are also reading… Williams directed the law firm to use the money to pay back multiple victims from the earlier annuity theft scheme to try and avoid criminal charges. After she was indicted in the earlier theft scheme and released on bond in May 2019, Williams deceived the client into giving her additional funds between June and December, the news release said.
Jamie Donnelly covers breaking news for the Arizona Daily Star. Contact her via e-mail at [email protected]