Insurance agent accused of scamming nearly $200K from three adults
March 5, 2019 by Alexis Stevens
In videos, the Henry County insurance agent says he can help those approaching retirement avoid unnecessary taxes and protect their assets.
But instead of finding ways to make clients’ money last longer, Fereadoon “Frank” Kalantari conjured up ways to help pad his own bank account, investigators say.
Friday, Kalantari was accused of scamming three adults — including a 92-year-old — out of nearly $200,000.
“We believe there are more victims,” Georgia Insurance Commissioner Jim Beck said during a press conference. “There’s nothing worse than preying on the vulnerability of the young or the elderly.”
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