Editor's note: Steven A. Meyerowitz, Esq., is a director of FC&S Legal. FC&S and PC360 are both owned by Summit Professional Networks.
David Glincher has been charged with theft, white collar crime, and fraud for allegedly filing car insurance claims on behalf of consumers who either were unaware of the filings or never received claim payouts.
The Florida Department of Financial Services' Division of Insurance Fraud, working with the Broward County State Attorney, said that the alleged scheme targeted over 270 victims.
“I am proud of our investigators' work to stop this fraudster from taking advantage of any more Floridians,” said Florida Chief Financial Officer Jeff Atwater. “Insurance fraud drives up costs for all Floridians, and we will not allow it to continue.”
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, according to the charges.
Prosecutors said that the the magnitude of the alleged crime allowed Glincher to be charged with aggravated white collar crime – a seldom used first degree felony. According to prosecutors, their review of bank records, along with victim interviews, determined the total theft to be nearly $300,000.
If convicted, Glincher faces up to 30 years in prison.
Originally published on FC&S Legal: The Insurance Coverage Law Information Center. FC&S Legal is the industry's ONLY single-source, comprehensive portal developed specifically for insurance coverage law professionals. To find out more, visit www.fcandslegal.com. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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