Idaho Pulls License of Broker Who Admitted to Filing False Income Tax Returns 

click to enlarge BRIAN TURNER, CC BY 2.0


The Idaho Department of Insurance announced Thursday it had revoked the license of a Magic Valley insurance broker after the Internal Revenue Service said she submitted more than 2,500 false federal income tax returns over four years.

When Cruz "Kelly" Chacon, 43, pleaded guilty to filing the false returns in a Boise federal courtroom in February, she was ordered to pay more than $81,000 in restitution. In May, Chacon was sentenced to 18 months in federal prison, followed by one year of supervised release.

The Idaho Department of Insurance on Thursday said Chacon would not contest the revocation of her license, effective immediately. Idaho Code triggers a "revocation of the license of a producer who has pleaded guilty to any felony which shows dishonesty, a lack of integrity and financial responsibility, or an unfitness and inability to provide acceptable service to the consuming public," according to the department.

“We are obligated to remove the license when we are made aware of misdeeds that could negatively impact the insurance-buying public,” stated Idaho Department of Insurance Director Dean Cameron in Thursday's announcement.
Pin It
Favorite

Comments


Comments are closed.

Calendar

Today's Pick

Idaho Genius Awards

Latest in Citydesk

  • April 26, 2017: What to Know

    April 26, 2017: What to Know

    A North Idaho landscaping company puts racist images on its vehicles, Donald Trump vows to challenge the 9th Circuit's ruling against his immigration and sanctuary cities actions, and "high touch, high tech" initiatives at the city of Boise.
    • Apr 26, 2017
  • Boise State Set to Begin New Work of Art

    Boise State Set to Begin New Work of Art

    Officials are ready to break ground for a five-story, 97,222-square-foot fine arts building on Tuesday, May 2.
    • Apr 26, 2017
  • Timberline High School Gets Good Grades From <i>U.S. News</i>

    Timberline High School Gets Good Grades From U.S. News

    U.S. News & World Report rankings "focus on student outcomes with an emphasis on graduation rates and state proficiency tests."
    • Apr 26, 2017
  • More »

© 2017 Boise Weekly

Website powered by Foundation