An insurance agent has pleaded guilty to conning a Grand Forks real estate company into paying more than $64,000 for nonexistent home policies.
Forty-four-year-old David Glessner of Grand Forks reached a plea agreement with prosecutors that calls for him to reimburse the business, serve four months of electronic home monitoring and spend four years on supervised probation. He’s to be sentenced Nov. 24.
The state insurance commissioner in July barred Glessner from selling insurance, alleging he had falsified policies.
Prosecutor Thomas Falck tells the Grand Forks Herald that if a judge accepts the plea deal and if Glessner stays out of trouble for four years, the felony theft charge will be wiped from his record.
Information from: Grand Forks Herald
Was this article valuable?
Here are more articles you may enjoy.
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
