Shreveport Bail Bond Agent Arrested, Issued C&D,
License Revocation and Fine
Released: February 7, 2008
A Shreveport bail bond agent has been arrested, issued a cease and desist
order, a notice of revocation of his license and fine notice today for misappropriation
and unfair trade practices.
Leroy Hicks, Jr., 41, was arrested at the State Police Headquarters in
Shreveport today and booked into Caddo Parish Jail on 19 counts of Unfair
He was also served by Department of Insurance Fraud Section Investigators
with an order to cease and desist from engaging in the business of insurance,
a notice of revocation of his license and a fine of $5,000.
It is alleged that Hicks obtained 21 powers of attorney to write bail bonds
for which he collected premiums on 19 bonds, but failed to remit the
premiums to the insurance company. Hicks is also allegedly in violation
business under a trade name without first notifying the Commissioner
Department records show that Hicks held a bail
bond license from December 2006 until today’s action.
Commissioner Donelon urges consumers who feel uneasy about any insurance
related transaction to call the Department of Insurance Fraud Section
at 225-342-4956 or 1-800-259-5300. If callers do not want their names
they can request that their involvement be kept confidential.