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Miami Insurance Agent Jailed

1/12/2001

Tallahassee -- Treasurer and Insurance Commissioner Tom Gallagher today announced that Charles Martin Post, owner of the now-defunct Global Auto Insurance Agency in Miami, was arrested this morning by Department of Insurance fraud investigators.

Post, 53, of Kendall, was charged with grand theft and misappropriation of insurance premiums. He was booked into Turner Guilford Knight Correctional Center with bond set at $10,000.

Investigators said that in August 1999, Post failed to forward a $511 auto insurance premium payment from a customer to the insurance company. When the customer contacted Post about the nonpayment, Post agreed to refund the money but instead closed his agency without doing so, investigators said. Global Auto was located at 10850 S.W. 113th Place in Miami.