- December 6, 2025
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PUNTA GORDA — Charlotte County resident William Reese has been charged with felony grand theft and forgery in an unlicensed insurance scam — his second insurance fraud arrest.
Reese, of Punta Gorda, allegedly acted as an unlicensed insurance agent and sold a fake insurance policy to a local restaurant owner, according to a release from the Florida Department of Financial Services. Reese sold the fake policy to Two Brothers Home Style Cooking owner Luis Rivera, authorities contend. Reese claimed he was a licensed insurance agent from New York.
“Reese, however, pocketed the money and because he was not licensed to sell insurance, no valid insurance policy was ever secured,” the release states.