Louisiana Department of Insurance Commissioner Tim Temple issued a notice of license revocation and $25,000 fine to Victor Llanito and his Shreveport agency, SBC Bail Bonds LLC on Jan. 13.

The Louisiana Department of Insurance (LDI) issued the revocation and fine after finding that Llanito and SBC Bail Bonds LLC violated Louisiana’s unfair trade practice laws and receiving information to support the action. Llanito is alleged to have used agency funds to facilitate human trafficking and to have committed false imprisonment.

“I took this action in the interest of protecting the public,” said Commissioner Temple. “I’m grateful for the hard work of the LDI’s Office of Insurance Fraud that resulted in the revocation of his license.”

Llanito and SBC Bail Bonds LLC were previously served with a summary suspension in December. The LDI received reports that Llanito and SBC Bail Bonds continued to engage in the business of issuing bail bonds after the suspension to the detriment and endangerment of Louisiana citizens.

Llanito and SBC Bail Bonds LLC have 30 days from the time of service to request an administrative appeal or the action becomes final.

Anyone who believes they have been defrauded or witnessed insurance fraud can report their suspicions by phone at (225) 342-4956 or online at http://www.ldi.la.gov/reportfraud.