Franklin insurance agent sued for fraud

A Franklin life insurance agent could face millions of dollars in penalties as an Ohio insurance company has accused him of enticing new clients by splitting a portion of his commission with them.

Cincinnatti-based Ohio National Life Insurance Co. filed suit this week in federal court charging Franklin resident Luther T. Smith Jr. with fraud, breach of contract and violation of the Tennessee Consumer Protection Act, claiming he funneled illegal rebates to clients without the company