Public Adjuster Charged with Misappropriating $140K in Insurance Payouts
Greg A. Micucci, the owner and operator of Advanced Public Adjusters in Bristol, Pennsylvania, has been charged with misappropriating approximately $140,000 in insurance claim funds intended for nine victims and their contractors. The charges follow a four-month investigation into allegations of insurance fraud and theft, initiated after a Warminster resident reported unpaid contractors for storm repairs. Micucci's firm represented homeowners in claims against major insurers such as Allstate, Travelers, Progressive, and State Farm. Prosecutors allege that Micucci used a legal notice to ensure insurance checks were mailed directly to his business address, but failed to distribute the funds properly, leaving victims unable to pay for essential repairs. Micucci faces multiple counts of insurance fraud, theft by deception, deceptive business practices, and misappropriation of funds.