Bucks County Public Adjuster Charged with Misappropriating $140K in Insurance Payouts
The Bucks County district attorney has announced criminal charges against Greg A. Micucci, the owner and operator of Advanced Public Adjusters, based in Bristol. Micucci is accused of misappropriating approximately $140,000 in insurance claim funds that were intended for nine victims and their contractors. The charges follow a four-month investigation initiated after a Warminster resident reported that Micucci had failed to pay contractors for storm repairs. The investigation revealed that 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 have insurance checks sent directly to his business address, but the funds were not properly distributed, leaving victims unable to pay for necessary home repairs. Micucci faces nine counts each of insurance fraud, theft by deception, deceptive business practices, and misappropriation of moneys held on behalf of another.