Fraud of the Week
June 5, 2017
False Claim Fraud — Louisiana
Amount: $115,063
This week a Louisiana woman was sentenced to twelve months and one day in prison for mail fraud stemming from a scheme where she lied on insurance documents and in U.S. Bankruptcy Court filings. She filed for bankruptcy in October of 2013 and valued all of her furniture and clothing at $1,000. One month later she purchased a renters insurance policy and stated within the application that her personal assets were worth $100,000. Her home caught fire and burned one month after the policy was purchased. Nine days later the defendant attended a creditors' hearing associated with the bankruptcy case, where she affirmed the information in the previous filing, specifically that her furniture and clothing were worth only $1000. The next day she filed a claim under the aforementioned renters insurance policy claiming that her property was valued at $116,063. She also received three years of supervised release and is required to pay $9,126.70 in restitution.
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]