Forum Communications, Published July 18 2012
Dickinson insurance agent accused of theftDICKINSON, N.D. - A Dickinson insurance agent could face jail time on five felony counts of theft of property, allegedly taking a client’s money to pay off his credit card and buying gold coins, officials said Wednesday.
Scott Biggs, 54, allegedly withdrew $30,000 from a client’s trust account without the client’s knowledge Sept. 11, 2009, according to a cease and desist order signed by State Insurance Commissioner Adam Hamm on June 27.
When the client attempted to withdraw money from the account, Biggs advised him that the Internal Revenue Service had frozen the accounts, according to the complaint.
The insurance agent is accused of issuing two cashier’s checks from the client’s savings account Sept. 14, 2009, according to the affidavit. The first check of $23,522 was paid to a credit card in Biggs’s name while the second was written for $5,805 to purchase three gold coins.