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Featured Fraud: New York Man Fakes Theft of Rolex Watches

A former Rochester, N.Y. planning board member has been given a nine-month suspended jail sentence after being convicted of insurance fraud.

By Catherine Couretas | Updated on April 15, 2011

Originally charged with the crime in May 2009, former Rochester, N.Y. planning board member Eugene McCarthy has been given a nine-month suspended jail sentence after being convicted of insurance fraud.

In January 2008, McCarthy filed a false claim with Travelers Insurance, alleging that two Rolex watches had been stolen from his home. He also claimed a pistol, digital camera, cordless phone and answering machine, and a knife collection were missing as well, and was seeking $8,852.96 in compensation.

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