A North Dakota insurance agent has pleaded guilty to conning a Grand Forks real estate company into paying more than $64,000 for nonexistent home policies. 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.
Insurance Commissioner Adam Hamm in July barred Glessner from selling insurance, alleging he had falsified policies. After the pleading, the commissioner revoked Glessner’s agent license, as well as that of MAG Insurance, under which Glessner operates. Hamm says Glessner waived his right to an administrative hearing and consented to the revocation. A telephone listing for Glessner was disconnected.
Prosecutor Thomas Falck told 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.
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Hamm also revoked the insurance license of Fargo insurance agent Janet Lulay. He says Lulay accepted a check from an insurance client to pay premiums on a homeowner’s policy and then deposited the money into her personal bank account. Hamm says Lulay waived her right to an administrative hearing and consented to the revocation. Lulay declined comment.
Bond has been set at $17,500 for a Minot, N.D., insurance agent facing a felony theft charge. Hamm says Alan Henning allegedly stole more than $800,000 by obtaining unauthorized loans and writing unauthorized checks to himself. He also is accused of removing records from his employer, West McLean County Mutual Insurance Co. State insurance examiners discovered the alleged thefts during a routine audit. Henning faces up to 10 years in prison and a $10,000 fine if convicted. He did not return a call seeking comment.
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