False Glass Claims Lead to Arrest

When you play with glass, you may get cut. When you commit fraud, you get caught. That’s what Michael Swedo has learned.

The Payson, Ariz. man has been convicted of submitting fraudulent claims to insurance companies and stealing an identity to set up a false business. According to the Arizona Department of Insurance (ADI), Swedo utilized old work orders from 15 auto-glass shops to report fraudulent claims.

ADI has not revealed how Swedo obtained the work orders.

Swedo has been sentenced to five years in prison, a $5,000 fine and $83,356 in restitution to 16 insurance companies.

Featured Video

Most Recent Videos

Video Library ››

Top Story

How construction cons steal workers’ comp premiums: It's a shell game

Shell schemes in construction to avoid workers' comp premiums and taxes have risen to new levels of scope and sophistication in the last 10 years.

Top Story

RIMS 2017 Awards Luncheon honorees

Congratulations to all this year's winners of RIMS industry awards presented at the awards luncheon in Philadelphia.

More Resources

Comments

eNewsletter Sign Up

PropertyCasualty360 Daily eNews

Get P&C insurance news to stay ahead of the competition in one concise format - FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.