Davenport insurance agent facing multiple fraud charges
The most serious charge, ongoing criminal conduct, is a Class B felony punishable by up to 25 years in prison. The remaining charges are all a Class D felony each punishable by up to five years in prison.
Online jail records show he paid a
He made an initial appearance on the charges Thursday morning. A preliminary hearing is scheduled
In doing so, he received
He spoke with clients about purchasing health insurance and they gave him their personal information to complete the alleged application.
Schlue would often mislead them into believing that they had to purchase additional insurance coverage as a condition of being eligible for insurance coverage, according to the affidavits.
He used their information to complete insurance policy applications not for health insurance. During this time, certain clients were unknowingly without health insurance coverage.
Between
Between
He was paid commissions as a result of the fraudulent insurance policy application submissions and gave the former agent a portion of the funds.
In
In
He and the family member failed to disclose a pre-existing medical condition which would have disqualified the family member from being insured.
The insurance policy application was approved and Schlue's family member submitted a claim for benefits, according to the affidavits.
___
(c)2019 Quad City Times, Davenport, Iowa
Visit Quad City Times, Davenport, Iowa at http://www.qctimes.com
Distributed by Tribune Content Agency, LLC.



Universal Insurance Holdings, Inc. Insurance Subsidiaries Complete 2019-2020 Reinsurance Programs
AM Best Affirms Credit Ratings of Kiwi Insurance Limited
Advisor News
- Business owners may be overlooking a key part of their financial picture
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
- Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity NewsHealth/Employee Benefits News
- Final rules for Medicaid work requirements are out. Here's what you need to know.
- As Affordable Care Act premiums skyrocket, catastrophic coverage is having a moment (copy)
- Report Summarizes Geriatrics and Gerontology Study Findings from National Center for Geriatrics and Gerontology (Multi-domain Functional Dispersion and Disability-Free Survival among Community-Dwelling Older Adults: An Exploratory Study): Aging Research – Geriatrics and Gerontology
- Findings from Brown University in Managed Care Reported (Third-Party Convener Firms And The Rise Of Geographically Dispersed, High-Earning Medicare ACOs): Managed Care
- Findings from Arnot Ogden Medical Center Broaden Understanding of Diabetic Ketoacidosis (Diabetic Ketoacidosis From Health Insurance-Requested Non-medical Switching): Nutritional and Metabolic Diseases and Conditions – Diabetic Ketoacidosis
More Health/Employee Benefits NewsLife Insurance News
- Lobbyist argues Iowa insurance regulator gives too much voice to Wall Street
- Appeals court rejects investor payouts in latest decision against STOLI
- Why premium-financed IUL is failing
- AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
More Life Insurance News