Pennsylvania Insurance Agent Accused of Staggering $600K Fraud in Shocking Scheme

HARRISBURG, PA — Pennsylvania Attorney General Dave Sunday has announced criminal charges against a Montgomery County insurance agent accused of defrauding a life insurance provider by fabricating hundreds of policies and pocketing over $600,000 in commissions.

Dennis Wright, 42, of Glenside, is facing a series of felony charges, including theft by deception, insurance fraud, identity theft, and related offenses. Wright was arraigned on Monday, with bail set at $100,000, as legal proceedings in the case move forward.

According to information provided by the Office of Attorney General, the alleged scheme occurred over nearly two years, between June 2020 and February 2022. Authorities claim that Wright used his position as a licensed life insurance agent to generate 332 fraudulent policies, purportedly forging personal information and signatures without the individuals’ knowledge or consent. The policies were reportedly created to fraudulently collect commissions from National Guardian Life Insurance (NGL), a provider based in Madison, Wisconsin…

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