Muscle Shoals Insurance Salesman Arrested for Alleged Insurance Fraud and Financial Exploitation of an Elderly Person

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[Alabama Securities Commission] The indictment and arrest of Powell alleges that Powell did with the intent to defraud or conceal material information about the embezzlement, theft, or conversion of monies and/or premiums related to the transaction of the business of insurance cause a loss in excess of $1,000. The indictment also alleges that Powell committed the crime of financial exploitation of an elderly person involving property exceeding $2,500 in value.
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