A Maryland man currently incarcerated in New Jersey has pleaded guilty to stealing insurance monies.

Richard Farber, 32, admitted that he stole more than $2,000 in 2003 by breaking the requirements on an insurance policy following a burglary at his house. In his claim to Philadelphia Contributionship Insurance Company, he stated that his 42-inch plasma television, digital camera, camcorder, notebook computer, and scanner had been stolen. He supported his claim with receipts from a national appliance store. In response, Contributionship Insurance promised Farber $2,069 in holdback money, which he would receive once he replaced the plasma TV.

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