Alleged Insurance Scam Revealed
A Newhall man has been arrested by the Department of Insurance on suspicion of staging the theft of his truck in a scheme to defraud his auto insurance carrier of $45,000.
Eric Joseph Horvat, 28, was arrested Feb. 23 on one felony count of insurance fraud and one felony count of perjury stemming from a stolen vehicle report he made concerning his customized 2006 Ford F-150, the Department of Insurance reported Friday.
"Let this be a lesson for anyone with 'buyer's remorse' considering a similar stunt: We will not tolerate insurance fraud in this state," Insurance Commissioner Steve Poizner said.
In January, insurance investigators received a tip that Horvat was looking for someone to help him stage the theft of his vehicle.
An undercover officer contacted Horvat and arranged a series of meetings, during which Horvat reportedly indicated that he no longer wanted his truck and wanted to stage its theft so his insurer, Mercury Insurance, would pay off the $45,000 balance he owed on it.
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