A Day Late, A Dollar Short

September 24, 2001

Michael Aguilar, 33, of Huntington Beach, was arrested at the California Department of Insurance Orange Regional Office and transported to Orange County Jail. Aguilar was charged with two felony counts of insurance fraud, and bail was set at $10,000. The Orange County District Attorney’s Office is prosecuting the case.

According to investigators, Aguilar filed a claim with his automobile insurer for an auto collision that occurred in January 2001. A CDI investigation revealed Aguilar had obtained an insurance policy after the accident occurred. Aguilar reported the accident one week after the insurance purchase, stating that the time of the accident occurred after the effective date on his newly acquired policy. Aguilar admitted later to investigators that he did not have insurance at the time of the accident.

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Insurance Journal Magazine September 24, 2001
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