Insurance agent indicted on numerous charges BY PATRICIA A. MILLER Staff Writer A Monmouth County grand jury recently indicted a Brick Township man on numerous counts related to insurance fraud after a probe that lasted more than five years. Anthony M. Feliz, 45, the former owner and operator of the AMF Insurance Services Agency in Tinton Falls, was arrested on July 22, authorities said. The 25-count indictment charges Feliz with two counts of second-degree theft by failure to make required disposition, three counts of third-degree forgery, two counts of fourth-degree uttering a forgery, 13 counts of third-degree theft by failure to make required disposition, one count of fourth-degree theft by failure to make required disposition, two counts of fourth-degree falsifying records, one count of third-degree bad checks and one count of third-degree theft of services. "Defendant Feliz knowingly exposed his commercial clients to financial ruin by accepting their premium payments and then purposely failing to secure insurance coverage for their businesses," Monmouth County Prosecutor Luis A. Valentin said. The investigation, which was conducted jointly with the state Department of Banking and Insurance, begin in 2002. Officials from Karabinchak Brothers Inc., an industrial construction company in Edison, notified both local and state authorities that Feliz failed to provide them with insurance policies after they paid him over $40,000 for the policies and nearly $30,000 more for surety bonds between October 2001 and August 2003. Feliz pocketed the premium payments, but never actually obtained the policies. That discovery led to the investigation, which eventually identified 17 other clients of Feliz who had similar experiences, Valentin said. Feliz is currently free on $55,000 bail. He is slated to appear before state Superior Court Judge Paul F. Chaiet within several weeks to be arraigned. Feliz could face up to 10 years for the second-degree crimes and up to five years for the third-degree crimes. He could potentially be sentenced to consecutive terms because many of the counts in the indictment involve separate victims, Valentin said.