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Updated about 4 years ago on . Most recent reply

User Stats

860
Posts
323
Votes
Mayer M.
  • Investor
  • Cherry Hill, NJ
323
Votes |
860
Posts

COBALT STEELE, LLC/ANTHONY LEE = INSURANCE SCAM!!!! STAY FAR AWAY

Mayer M.
  • Investor
  • Cherry Hill, NJ
Posted

Scam company. Committing fraud by taking money from clients (myself included) and not paying the insurance companies resulting in cancelled policies, unreturned premiums and uninsured clients. Anthony Lee - The Owner will likely end up in jail soon for banking/insurance fraud.

I wrote many policies with this company in 2019 for flips/rentals with 25% earned premium, cancelled the policies after the properties were sold and never received refunds. The stopped returning my calls or emails. I suspected fraud and have now confirmed it. 

Most Popular Reply

User Stats

860
Posts
323
Votes
Mayer M.
  • Investor
  • Cherry Hill, NJ
323
Votes |
860
Posts
Mayer M.
  • Investor
  • Cherry Hill, NJ
Replied

@Louis Artonov

Yep. Had about a dozen policies with them. From what I understand insurance carriers are on top of it and the FBI and NJ division of banking and insurance fraud is involved.

He’s going to rot!!!

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