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With rains progressing down in the Gulf, we've upped our rain coverage today to 40%. Highs will reach the lower 90's. Showers will continue on and off for tonight and spilling over into the morning hours on Saturday. Saturday sees a 70% coverage of showers with highs only reaching the mid and upper 80's. By Monday, Labor Day, we taper our rain ...
Ex-Texas insurance agent gets 12 years for fraud
HOUSTON (AP) -- A former Houston-area insurance agent has been sentenced to 12 years in prison in a fraud case related to premiums and real estate.
The Texas Department of Insurance on Wednesday announced the penalty for Leslie Ray Collins of Sugar Land.
Regulators say Collins, whose insurance license was revoked in 2009, was convicted of misapplication of fiduciary property. He also was ordered to make more than $162,000 in restitution.
Investigators say Collins collected money from a premium finance company to buy insurance but instead used the cash to fund a commercial real estate scam.
Authorities say investors lost several million dollars.