Former Insurance Agent Convicted of Stealing Nearly $130,000 From Her Elderly Mother

A former Sacramento insurance agent was convicted of two felony counts of stealing over $129,000 from her own mother’s trust accounts over a 9-year period. Christine Ann Cooper, 64 pleaded no contest to one felony count of embezzlement, forgery, fraud or identity theft from an elder or dependent adult and one felony count of grand theft of property. Cooper was sentenced to 18 months in jail, five years formal probation and will be expected to pay $60,000 in restitution.

“Insurance agents and brokers who prey on elders are particularly loathsome,” said Insurance Commissioner Dave Jones. “Cooper violated her fiduciary responsibility and trust when she stole these funds. Her crime is particularly egregious because she took advantage of her own mother.”

Through investigation, it was learned that Cooper, who was her elderly mother’s trustee, wrote checks to herself from the trust accounts. She also, in order to conceal the thefts falsified trust statements, the California Department of Insurance officials said.

Cooper was arrested at her place of work by the Rocklin Police Department and charges were filed by the Placer County District Attorney’s office. Cooper’s Insurance License has been revoked as a result of the thefts.

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