Oklahoma City Man Charged with Insurance Fraud

January 22, 2016

Insurance fraud charges have been filed against an Oklahoma City man, the state attorney general’s office announced.

Adam Lee McHolland is accused of filing a false insurance claim stating his motorcycle had been stolen. After submitting a proof of loss statement to his insurance provider, McHolland received a settlement check for $12,389.75.

An anonymous tip led agents with the National Insurance Crime Bureau and Bethany Police Department to McHolland’s stolen motorcycle at a Bethany residence. The owner of the residence told investigators McHolland had asked permission to store the motorcycle in his garage until repairs could be made. According the AG’s office, the resident stated he was not aware McHolland had reported the motorcycle stolen.

McHolland is charged with one felony count of false claim for insurance. If convicted, McHolland faces up to three years in prison and a fine of up to $1,000.

Source: Oklahoma Attorney General’s Office

Get Insurance Journal Every Day

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features