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Denver Insurance Broker Indicted for Nearly $100,000 in Fraud, Theft
George Gonzalez accused of diverting customer payments from insurance companies he brokered for
Mar. 30, 2026 at 8:54pm
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A recent wave of insurance fraud cases in Colorado exposes vulnerabilities in the industry and the need for stronger oversight.Denver TodayA Denver-area insurance broker named George Gonzalez has been indicted by a Colorado grand jury on nine charges of insurance fraud and five counts of theft, all felonies. Gonzalez, the owner of Amerimex Insurance, is accused of siphoning nearly $100,000 from insurance companies he brokered policies for by diverting customer payments to himself instead of remitting them to the insurance providers.
Why it matters
Insurance fraud is a serious crime that can drive up costs for all consumers. This case highlights the importance of oversight and accountability in the insurance industry to protect businesses and individuals from unscrupulous brokers.
The details
According to the indictment, Gonzalez sold workers' compensation insurance policies from Pinnacol Assurance to businesses. When customers paid Amerimex for a policy, they would make a down payment and finance the remaining balance. Those funds were supposed to be paid to Pinnacol, after which the company would pay Gonzalez a commission. However, Pinnacol discovered the fraud after a new customer called to check on his policy and found Gonzalez had only remitted a portion of the payment to Pinnacol.
- Gonzalez allegedly diverted funds from February 2022 to January 2024.
- Pinnacol reported Gonzalez to the Colorado Department of Law's Financial Fraud Office in January 2024.
The players
George Gonzalez
A 55-year-old Denver-area insurance broker and the owner of Amerimex Insurance, who has been indicted on charges of insurance fraud and theft.
Pinnacol Assurance
An insurance company that Gonzalez brokered workers' compensation policies for, and which discovered the alleged fraud.
Colorado Attorney General's Office
The state agency that investigated the fraud case and announced the indictment of Gonzalez.
What they’re saying
“Insurance fraud is a serious crime that affects all consumers. Those who attempt to engage in insurance fraud will be held to account.”
— Phil Weiser, Colorado Attorney General
What’s next
The judge in the case will decide on Tuesday whether or not to allow George Gonzalez out on bail.
The takeaway
This case highlights the importance of vigilance and oversight in the insurance industry to protect businesses and consumers from fraud. It also underscores the need for strong enforcement and accountability measures to deter such criminal activities.
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