Wednesday, April 16 2014 10:54 PM EDT2014-04-17 02:54:16 GMT
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LOUISVILLE, Ky. (WDRB) -- Police say a Louisville man was making money selling auto insurance policies for an insurance company. There was only one problem: police say he wasn't an agent with that company.
According to an arrest report, it happened in April. Police say 24-year-old Isiah C. Ellis sold the policies to five different victims under the name of Guide One Insurance, when he wasn't an agent for this company.
The five victims paid $325, $600, $115, $1,200 and $360 for the policies, according to an arrest warrant.
Ellis allegedly printed out insurance policies for each of the victims, but none of the victims actually had insurance coverage because Ellis was not a licensed insurance agent and didn't even work for the company he claimed to represent.
Instead, Ellis pocketed the money for his own use.
The alleged fraud was discovered when one of the victims was involved in a car accident and learned they weren't covered.
Ellis was arrested early Friday morning and charged with multiple counts of engaging in fraudulent insurance acts, according to authorities.