Former Lake Forest Agent Arrested on 90 Counts of Felony Insurance Fraud After Stealing Nearly $200,000 in Premium Payments

Orange, CA — Former insurance broker Karen Marie Dondanville, 53, of Mission Viejo, was arrested on 90 felony counts including grand theft, insurance fraud, financial elder abuse, and forgery for allegedly collecting premiums and failing to place insurance coverage for her customers resulting in $183,047 in stolen premium payments from 32 victims over the span of eight years.

The Department of Insurance received multiple consumer complaints against Dondanville while she was doing business as Streamline Insurance Services and Broadstreet Insurance Services. Dondanville allegedly attempted to cover up the theft by providing her clients with fraudulent insurance documents as proof of insurance when no such coverage existed. She also allegedly transacted insurance without a license.

Read the full press release.  California Department of Insurance, April 28, 2021

NICB participated in this investigation.