A suspended Houston insurance agent was arrested for insurance fraud on Feb. 25, 2025, after being indicted on 55 felony charges.
A Texas Department of Insurance investigation shows Mark Davis Lunsford sold fake insurance policies and stole over $318,000 in premiums from clients seeking coverage for homes, properties, and small businesses.
According to indictments filed in Bexar County, many of the victims, including older Texans, said they considered Lunsford to be a trusted friend, and only discovered the fraud when trying to file insurance claims on policies that didnโt actually exist.
If convicted, Lunsford faces up to life in prison, a fine of up to $10,000, and court-ordered restitution.
You can report suspected insurance fraud online or by calling TDIโs Help Line at 800-252-3439.
An indictment is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law.
Source: Texas Department of Insurance
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.