Former agent gets jail time in California for scamming senior victims
A former insurance agent extradited from Maryland this summer to face charges in California will spend 180 days in jail for stealing from elderly clients.
Lynn Flanagan, 60, received the sentence and must pay more than $100,000 in restitution for the thefts, according to the California Department of Insurance.
Investigators with the department said between April 2004 and March 2005, Flanagan, a former San Diego resident, collected $102,453 from four clients, three of whom were senior citizens. Flanagan issued phony insurance documents to the four, leading them to believe they had legitimate annuities but later discovering the investment company never received their money.
A review of bank records indicated the clients’ funds were deposited directly into Flanagan’s account and never remitted to the company, according to the department.
An arrest warrant was issued for Flanagan on April 20, 2007, and more than two years later, last July, Flanagan was located in Maryland and extradited back to San Diego and booked in county jail.
Flanagan pleaded guilty Aug. 19 in San Diego Superior Court to felony charges of grand theft from an elder and residential burglary.


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