A Former Leesville Area Bail Bond Agent Issued Cease and Desist
Order, License Revocation and Fine Notice
Released: June 16,2008
A former Leesville area bail bond agent has been issued a cease
and desist order, license revocation and fine notice today for allegedly
conducting business as a bail bondsman without a license. The agent
he represented while acting as a bail bondsman was also issued a
cease and desist order, six month summary suspension and fine notice.
Manasco, 61, was served by Department of Insurance Fraud Section
today with a cease and desist order,
revocation of his license and a $10,000 fine notice for allegedly
writing 128 bonds between September 2007 and May 2008, during which
time his license was expired. Fraud Section Investigators also issued
a C&D, six month summary suspension and $5,000 fine notice to
Charla Sheilane Holsomback for allowing Manasco to issue bail bonds
on behalf of her company, Jerry’s Bail Bonds, without a license
and compensating him in accordance with their business agreement.
It is further
alleged that Manasco and Holsomback were both notified by the insurer
2007, and again in 2008, that Manasco’s license
was expired and he was to cease and desist from writing any further
bonds. Manasco and Holsomback also allegedly failed to comply with
a notice from the company instructing that all powers of attorney,
corporate seals, equipment, materials or papers used to write bail
bonds in the possession of Manasco be returned to Holsomback.
show that Manasco held a property and casualty license from September
2000 until April 2007. Holsomback held a property
and casualty license from August 1995 until today’s six month
Commissioner Donelon urges consumers who feel uneasy about any insurance
related transaction to call the Department of Insurance Fraud Section
at 225-342-4956 or 1-800-259-5300. If callers do not want their names
used, they can request that their involvement be kept confidential.