Insurance Broker Indicted for Fraud and Theft

Colorado AG Press Releases

Filed March 27th, 2026

Detected March 28th, 2026

Summary

The Colorado Attorney General's Office announced the indictment of George Gonzalez, an insurance broker, on 23 felony counts for allegedly diverting over $100,000 in insurance premium payments. The indictment includes charges of insurance fraud and theft, affecting multiple insurance companies and their customers.

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What changed

The Colorado Attorney General's office has indicted George Gonzalez, owner of Amerimex Insurance, LLC, on 23 felony counts, including insurance fraud and theft, for allegedly diverting at least $100,032 in insurance premium payments. The funds were intended for Pinnacol Assurance and eight other insurance companies but were allegedly diverted by Gonzalez between February 2022 and January 2024. This action follows a report from Pinnacol Assurance to the Colorado Department of Law's Financial Fraud Unit.

This indictment signifies a serious enforcement action against alleged insurance fraud. Compliance officers in the insurance sector should be aware of the potential for criminal charges when premium funds are mishandled. While this is an individual indictment, it underscores the importance of strict adherence to fiduciary duties regarding premium collection and remittance. Customers who made payments to Amerimex Insurance Agency between 2023 and 2026 are encouraged to contact the Colorado AG's office to report potential losses.

What to do next

Review internal procedures for handling insurance premium payments to ensure compliance with fiduciary duties.
Verify that all collected premium funds are remitted to the appropriate insurance companies in a timely manner.
Contact the Colorado AG's office if you are a customer of Amerimex Insurance Agency and believe your payments were improperly diverted.

Penalties

Charges include nine counts of insurance fraud (class 5 felony), one count of class 5 felony theft, and four counts of class 4 felony theft. Penalties for these felonies can include significant prison time and fines.

Source document (simplified)

Statewide grand jury indicts insurance broker for fraud and theft

March 27, 2026 (DENVER) – The statewide grand jury indicted George Gonzalez, 55, of Denver on 14 counts for allegedly diverting thousands of dollars in insurance premium payments instead of sending them to insurance companies as required by law, Attorney General Phil Weiser announced today.

“When a licensed agent sells an insurance policy to customers, they are required by law to hold premium funds collected in a fiduciary account and then remit all premium funds to the insurer. Insurance fraud is a serious crime that affects all consumers. Those who attempt to engage in insurance fraud will be held to account,” said Attorney General Weiser. “We are encouraging anyone who made payments to Amerimex Insurance Agency for insurance from 2023 to 2026 to contact our office.”

Gonzalez is a licensed agent and owns Amerimex Insurance, LLC, an insurance broker affiliated with Premier Group Insurance with locations in Aurora, Brighton, and Denver. According to the indictment, Gonzalez and Amerimex contracted directly with Pinnacol Assurance to sell workers compensation insurance to businesses. Through its investigation, Pinnacol identified eight policies created between February 28, 2022 and January 8, 2024, in which Gonzalez collected premium funds for workers compensation policies but did not remit all the funds to Pinnacol. In total, the amount of money paid by insured customers intended for Pinnacol Assurance but diverted by Gonzalez was at least $2,949.39, according to court documents.

Pinnacol reported Gonzalez and Amerimex to the Financial Fraud Unit in the Criminal Justice Section of the Colorado Department of Law in January 2024. A state investigation and review of business and bank records showed that Gonzalez diverted premium funds paid by customers from at least eight additional insurance companies. The premium funds intended for these eight insurance companies diverted by Gonzalez amounted to $97,233.71. Gonzalez does not contract directly with these eight insurance companies and instead contracts with Premier Group to sell the policies and receives commissions through Premier Group.

The fiduciary account in which premium funds were held was a Chase Bank account with Gonzalez listed as the owner.

Gonzalez is charged with nine counts of insurance fraud, a class 5 felony, one count of class 5 felony theft, and four counts of class 4 felony theft. The case is filed in Denver District Court, and the case number is 26CR15031.

Customers who made a payment to Amerimex Insurance Agency for insurance from 2023-2026 and believe that their payment may have been more than what was paid to their insurance company, are encouraged to contact the Colorado Attorney General’s Office at Amerimexinfo@coag.gov.

A grand jury indictment is a formal accusation that an individual committed a crime under Colorado laws. All defendants are presumed innocent until proven guilty.

Read the indictment (PDF).

Media Contact:
Lawrence Pacheco
Chief Communications Officer
(720) 508-6553 office
lawrence.pacheco@coag.gov

Gran jurado estatal acusa a un corredor de seguros por fraude y robo

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