Shreveport Bail Bond Agent Arrested, Issued a Cease and Desist Order, Summary Suspension and Fine Notice

Released: August 28, 2008

A Shreveport bail bond agent has been arrested, issued a cease and desist order, summary suspension and fine notice today for alleged theft through misrepresentation and misappropriation of premiums. Her bail bond agencies were also issued cease and desist orders, summary suspensions and fine notices.

Judy Webb, 39, was arrested by Louisiana State Police at Caddo Correctional Center in Shreveport today and charged with one count of Felony Theft totaling over $11, 275. She was also served with a cease and desist order, summary suspension and $20,000 fine notice by Department of Insurance Fraud Section Investigators for allegedly misappropriating premium payments, deceitfully obtaining additional money from those seeking bail bonds and allowing unlicensed entities to be paid valued compensation.

Webb is sole owner of Agape Bail Bonds and El Shaddai Bail Bonds. She also allowed an unlicensed individual to issue bail bonds under an unlicensed entity, Baby Boy Bail Bonds, LLC. All three bail bond agencies were issued cease and desist orders, revocation notices and fine notices of $20,000 each.

Department records show that Webb held a Bail Bond license from July 1999 until today’s action.

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.

-30-