New York StateInsuranceDepartment |
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NEWSRELEASEContact:Public Affairs(212) 480-5262www.ins.state.ny.us |
Kermitt J. Brooks Acting Superintendent of Insurance 25 Beaver Street New York, N.Y. 10004
| ISSUED 07/07/2009 | FOR IMMEDIATE RELEASE |
An Endicott man who reported his car stolen and then filed an $18,000 insurance claim for the loss was arrested July 1 because the car had actually been repossessed, the New York State Insurance Department reported.
Aaron Keith Newman, 33, is accused of filing the claim with Farmers’ Insurance Company the same day he was notified by Endicott police that his 2008 Chevrolet Impala had been repossessed for non-payment of his loan.
Newman, of Oak Hill Avenue, submitted a “proof of loss” statement to the insurance company and went to the towing company where the repossessed vehicle was stored to remove personal belongings.
Newman was charged with insurance fraud. If he is found guilty, he could be sentenced to seven years in prison. A hearing will be scheduled in Broome County Court.
The case was investigated by Mark S. Howard of the Insurance Department’s Frauds Bureau. Assistant District Attorney Michael A. Garzo is prosecuting the case.
