Six Arrested for Auto Insurance Fraud

(June 23, 2016)

New York State Attorney General Eric Schneiderman recently announced that authorities arrested and charged six individuals with felonies for “allegedly purchasing automobile insurance policies after their vehicles had already sustained damage or been stolen, and then falsifying the dates of the incidents in claims submitted to their insurance carriers.” According to the press release, these arrests were part of “Operation Crash & Buy” run by the New York State Attorney General’s Office and the New York State Department of Financial Services. The complaints allege that “each of the defendants owned a vehicle that had been either damaged or reported stolen prior to being covered by insurance. The defendants allegedly purchased collision or comprehensive insurance coverage after the fact, and then filed false claims with the insurance companies stating that the incidents occurred after the policies were in effect.”