A Strafford, New Hampshire, man has been convicted of staging a burglary at his home in order to collect insurance money.
The attorney general’s office says 28-year-old Bradford Sargent reported the burglary to police and filed a claim with his insurance company listing items he said had been stolen. He pleaded guilt to a felony count of insurance fraud and was given a suspended sentence of 12 months in jail.
Sargent also was ordered to repay the insurance company, pay a fine and write apology letters to the company. Attorney General Michael Delaney says the case illustrates that insurance fraud is not a victimless crime because it increases costs for everyone else.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Brown & Brown Reports Strong Q3 Revenue Growth of 35.4% 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
