Police: Wilton insurance broker stole $12,000 from a client
Phillip Miller of Wilton, owner of Miller Insurance Strategies, was arrested for second-degree larceny on Monday, July 15. The arrest stemmed from an incident in which Mr. Miller accepted $12,000 from a client without providing a promised service.
Later on Monday, in Norwalk Superior Court, Mr. Miller pled not guilty to charges of second-degree larceny. He was released on a promise to appear, and is expected back in court on Monday, July 29.
Mr. Miller, who lives on Drum Hill Road, was brokering an insurance policy between a 52-year old client and the Oxford Health Insurance Company when he received $12,000 from the client to pay for an insurance premium. It was later brought to the client’s attention that the money paid to Mr. Miller was never applied to the insurance premium. As a result, the coverage policy was cancelled.
The suspect originally claimed that, due to financial problems, the IRS had frozen his bank accounts, making him unable to access the funds intended to pay for the client’s insurance premiums. Wilton police gave him until June 30 to produce documents to verify those frozen funds, which he never submitted to police.
Miller Insurance Strategies is a single location insurance brokerage at 195 Danbury Road that was founded in 2005.