Loss Control Specialists Owner Facing Federal Mail Fraud Charge

  • Tuesday, October 22, 2019

The operator of a local firm specializing in filing insurance claims for those with property damage is facing federal criminal charges.

Benjamin Reichel was charged in a criminal information with wire fraud.

The information says Reichel heads Loss Recovery Specialists LLC that is headquartered in Cleveland, Tn.

It says beginning in about March 2018 and continuing into June 2019, he represented that LCS would advocate in behalf of those suffering property damage.

The information says he told clients he charged a fee based on a percentage of the amount paid by the insurance company. It says he advised that the fee would be waived if they used Fernandez Roofing Company to provide repairs. It says he operated that firm and it was named after a family member.

It says Reichel made false claims to property owners and to insurance companies and falsely represent the status of repair work. 

The information says clients would send payment to him that would go into a trust account under his control. 

It says he "misused the funds in the trust account for, among other things, his own personal and private gain, as well as improper professional expenses. 

The government is seeking to confiscate a 2018 Ford F150 Raptor and property at 312 Council Fire Dr.

Kyle Wilson is the prosecutor.

 

Breaking News
Latest Hamilton County Arrest Report
  • 3/19/2024

Here is the latest Hamilton County arrest report: AWOLOWO, APRIL 105 EUCLID STREET ATHENS, 373030000 Age at Arrest: 36 years old Arresting Agency: HC Sheriff THEFT OVER $1000 BARNETT, ... more

Senator Colton Moore Challenger Hits "An Incumbent Bent On Self-Promotion Instead Of Humble Leadership"
  • 3/18/2024

Angela Pence, a Chickamauga resident who is making a race against 53rd District Senator Colton Moore, said she aims to bring principled, effective leadership "to a district that has gone unheard ... more

Wamp Pushing For Tighter Local Lobbying Rules, Tax Abatement Policies; Bigger Share Of Sales Tax
  • 3/18/2024

County Mayor Weston Wamp spoke to the Pachyderm Club on Monday about the significance of a state basketball title, the need for local lobbying regulations and tightening up on tax abatement policies. ... more