What is the name of your state (only U.S. law)? California
I am a licensed life agent. I have a client that I actually never sold her an annuity or any life insurance product. However I did get her involved in a couple other inverstments that weren't regulated by the insurance industry.
I was in a tight spot and borrowed some money from her and in return gave her a signed promissory note.
Is this criminal or (just) an ethics violation? The family is upset and reporting me.
Thanks for the input.
I am a licensed life agent. I have a client that I actually never sold her an annuity or any life insurance product. However I did get her involved in a couple other inverstments that weren't regulated by the insurance industry.
I was in a tight spot and borrowed some money from her and in return gave her a signed promissory note.
Is this criminal or (just) an ethics violation? The family is upset and reporting me.
Thanks for the input.