Friday, September 25, 2020
Ford Sentenced in Cannabis Insurance Embezzlement Case
By Thadeus Greenson
on Fri, Sep 25, 2020 at 4:06 PM
Humboldt County Superior Court Judge Christopher Wilson sentenced John Ford to serve 90 days in jail and five years probation after the former insurance broker pleaded guilty to felony embezzlement.
An investigation by the Humboldt County Sheriff’s Office, the District Attorney’s Office and the California Office of Insurance alleged that Ford contracted with various clients in 2016, including several cannabis businesses looking for insurance policies, but simply pocketed premium payments rather than purchasing policies. He was charged with 13 counts of embezzlement and grand theft.
According to a press release from the DA’s office, Ford’s sentence includes an order to make restitution payments to all victims.
Read the full press release copied below: