NU Online News Service, May 16, 1:33 p.m. EDT
The chief executive of Hole-In-Won.com has been charged with insurance fraud in Montana after failing to pay prize money to a tournament participant who shot a hole-in-one almost two years ago.
Montana Commissioner of Securities and Insurance Monica J. Lindeen announced today that Kevin Kolenda, the chief executive officer of the web-based company, failed to pay the $18,000 prize won by Troy Peissig after he shot a hole-in-one at a Missoula Country Club golf tournament.
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