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.
The Attorney General’s office states that Wright laundered the proceeds through businesses under his control, accumulating an estimated $603,000 in ill-gotten commissions. The investigation revealed patterns of fraudulent activity tied directly to Wright’s role as a licensed insurance agent.
During Monday’s announcement, Attorney General Sunday addressed the impact of the alleged crimes. “This defendant betrayed clients and dishonored his position to line his own pockets when he was trusted to make insurance arrangements that would have provided peace of mind and financial security for Pennsylvanians,” Sunday said. “Insurance fraud is far from a victimless crime, and my office takes it very seriously.”
The Attorney General’s office emphasized that the criminal charges against Wright are, at this stage, merely allegations. Under law, Wright is presumed innocent unless and until proven guilty in a court of law.
This case is being prosecuted by Deputy Attorney General Jose Perez. Investigators have not disclosed whether additional individuals may have been impacted by the alleged scheme, nor have they stated whether further charges are under consideration as inquiries continue.
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