David Glincher, of Weston, Fla., was arrested on charges of theft, white collar crime and fraud for allegedly filing car insurance claims on behalf of consumers who were either unaware of the filings or never received claim payouts.
The Department of Financial Services’ Division of Insurance Fraud worked alongside the Broward County State Attorney to reveal an elaborate scheme targeting more than 270 victims.
Glincher allegedly sent letters to victims of traffic accidents and encouraged them to file claims through his company, Auto Loss Claims Consultants, LLC (ALCC). Regardless of whether the victim completed the claim form or discarded it, claims were still filed and funds were paid to ALCC by various insurance companies without the knowledge of the victims.
The magnitude of this crime allowed Glincher to be charged with Aggravate White Collar Crime – a seldom used first-degree felony. A review of bank records, along with victim interviews, determined the total theft to be nearly $300,000.
Glincher was booked into the Broward County Jail and bond was set at $29,500. If convicted, he faces up to 30 years in prison.
Source: Department of Financial Services’ Division of Insurance Fraud
Was this article valuable?
Here are more articles you may enjoy.
US, Mexico, Canada to Miss July USMCA Date, Ramping Up Trade Tension
The Iran War Is Pushing the Global Gas Trade into the Shadows
Car Owners Shocked by $200 Gas Bills Finally Embrace Used EVs
Deadly Screwworm Parasite Found in US Threatens Cattle Herd