A couple of years ago Washington Insurance Commissioner Mike Kreidler busted Kevin Kolenda for selling golf insurance illegally from his Connecticut-based hole-in-won.com website. Kolenda failed to pay off on prizes at a tournament ranging from $10,000 to $50,000 and got three-months behind bars.
He paid $15,000 in restitution for his crimes.
Now Kreidler’s Special Investigations Unit found him at it again and King County has changed him with seven felony counts for unauthorized insurance transactions. And again, Kolenda was selling golf insurance without a license on his website.
And — this is mind-boggling — he started selling the policies just four days after he was sentenced last time. Kreidler says he’s sold insurance in the state six times between February of 2014 and March of last year.
This apparently is not uncommon for the guy. He has a long history of fraud and has been either investigated or prosecuted in 12 states.
Source link: Washington Insurance Department