Ex-insurance agent who sits on State board accused of defrauding investors more than $1.5M

A for­mer in­sur­ance agent, who cur­rent­ly sits on a State board, has been ac­cused by three in­vestors, who en­trust­ed him with more than $2 mil­lion through Guardian Life of the Caribbean (GLOC) Ltd, of de­fraud­ing them of over $1.5 mil­lion while he was em­ployed by GLOC.

Last month, in a bid to seek jus­tice, two of the in­vestors re­port­ed to the Trinidad and To­ba­go Po­lice Ser­vice’s Fraud Squad of­fice in San Fer­nan­do that they had al­leged­ly been de­prived of a com­bined $862,000. A third in­vestor sep­a­rate­ly al­leged that $698,575 was re­moved from his ac­count with­out his knowl­edge or au­tho­ri­sa­tion.

The three in­vestors sup­plied doc­u­ments they claim sup­port their al­le­ga­tions, in­clud­ing what they de­scribe as forged sig­na­tures, fab­ri­cat­ed in­voic­es and fake email cor­re­spon­dence.