Fraud of the Week
July 22, 2019
Arson — Maine
Amount: $264,000
A Massachusetts man has been charged in connection with a fire that destroyed his second home in Maine in early 2017. The fraudster faces four counts of insurance deception and one charge of conspiracy to commit insurance fraud, all charges stemming from the same fire which destroyed the home, and from an insurance claim of water damages to the home from frozen pipes and the theft of an ATV from the property the year before the fire. The cause of the fire has not been determined, but the fraudster purchased the home for $84,000 three years before the fire, and received $350,000 from the insurance company. Fire investigators are still working to determine the cause of the fire.
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]