Chad Croner, of Meridian, Idaho was sentenced to one to five years in prison for insurance fraud, according to Attorney General Lawrence Wasden. Fourth District Judge Joel Horton suspended the sentence and ordered Croner to serve 180 days in the county jail and five years probation and to pay Farm Bureau Insurance Company $1,000 in restitution.
Croner was also convicted of bankruptcy fraud in federal court and must serve a 180-day sentence, which will run concurrent to the sentence issued by Judge Horton.
Croner pleaded guilty on Aug. 30, 2004, to one count of insurance fraud, a felony. Croner reportedly presented Farm Bureau Insurance Company with a false claim for reimbursement of $4,690 for flight equipment he claimed had been stolen in a purported burglary.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
Intersecting Risks and the Future of Construction Insurance 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake From This Issue
