Grambling Bail Bond Agent Served with License Suspension and Fine Notice
A Grambling bail bond agent was served by Department of Insurance Fraud Section Investigators today with a 60 day license suspension and fine notice for allegedly writing a bail bond on a reproduced power of attorney and writing bail bonds in excess of the limits allowed.
Roy Lee Jackson, 71, was served by the Department of Insurance Fraud Section Investigators today with a 60-day license suspension and a $2,000 fine notice for allegedly writing a bail bond on a photocopied power of attorney and writing three bail bonds in excess of the limits allowed.
Jackson was issued bail bond power of attorney by a company in June 2007 for the amount of $5,000. Jackson is alleged to have fraudulently reproduced this bail bond power of attorney for the purpose of executing a bail bond in August 2007. He is also alleged to have written three bail bonds in excess of the limits allowed by the powers of attorney.
Department records show that Jackson was issued a Bail Bond license in November 1994 which is valid through April 2011. Jackson has 30 days to request an administrative appeal. The suspension will begin after the 30 day appeal period has expired. If the fine is not paid in full by the time the 60 day suspension has expired, the suspension will continue until the fine is paid in full.
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.