Grand Forks insurance agent sentenced for theft
A Grand Forks insurance agent who pleaded guilty to convincing a local business to pay more than $64,000 for nonexistent policies was ordered Wednesday to serve four months of electronic home monitoring and four years of supervised probation.
David Glessner, 44, finished paying $64,872 in restitution to the business, Dakota Fusion, on Wednesday, prosecutor Thomas Falck said.
Falck said Glessner will have the felony theft charge wiped from his record, if he stays out of trouble while on probation. Glessner's guilty plea came as part of a plea deal, which state District Judge Karen Braaten accepted Wednesday, Falck said.
According to court documents, Glessner admitted to receiving payments from Dakota Fusion for two fictional insurance policies on homes in Big Sky, Mont.
Dakota Fusion is part of Brown Corporations Business Park and Properties, a Grand Forks-based real estate company.
North Dakota Insurance Commissioner Adam Hamm revoked Glessner's license earlier this month, barring him and his business, MAG Insurance, from selling insurance in the state. Glessner consented to the revocation and waived his right to an administrative hearing on the matter.