Damico & Stockstill, Attorneys at Law

Slidell couple charged with insurance fraud in sale of boat

One of the categories of crime we write about on this blog is white collar crimes. These are offenses which, according to the website of the Federal Bureau of Investigation, involve lying, cheating and stealing. Fraud is the crime most often associated with this category. Unfortunately, we are all too familiar with the damage fraud schemes can wreak on companies, families and investors.

Fraud, intentional deception in order to achieve personal gain or harm another, can involve millions of dollars or only thousands of dollars. A good example of small-scale fraud is the case of two Slidell residents who recently sold their boat to a Florida couple after they claimed it was lost during Hurricane Katrina. The two have now been cited with insurance fraud.

According to sources, the couple reported their boat missing in August 2005 and collected money on it from their insurance company. Investigators now believe, though, that the couple sold the boat to buyers in Lee County Florida.

Authorities apparently began following the case when the couple's buyers registered the boat in Florida. A probe eventually determined that the couple had filed false public documents and injured official records, and the couple was charged with insurance fraud, theft and injuring official records on December 15.

If convicted of insurance fraud theft, the couple faces up to 10 years in prison and as much as $3,000 in fines. If convicted of injuring official records, they could be in prison for up to 5 years and fined as much as $5,000.

Source: nola.com, "Slidell couple accused of insurance fraud in sale of boat," Ramon Antonio Vargas, December 21, 2011.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Need Help From An Experienced Team Of Trial Attorneys?

Use the form below to contact our attorneys directly. Contact us right now.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Our lawyers have over 50 years of combined experience and are AV-rated* under Martindale Hubbell's peer review rating system.

*CV, BV and AV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the Judiciary. Martindale-Hubbell Ratings fall into two categories - legal ability and general ethical standards.

Damico & Stockstill, Attorneys at Law

8048 One Calais Avenue | Suite A | Baton Rouge, LA 70809-3483 | Phone: 225-250-1812 | Fax: 225-769-0195 | Baton Rouge Law Office Map