Over 100 law enforcement officers fanned out Wednesday across Riverside County and made over a dozen arrests in an alleged auto insurance fraud ring involving fraudulent collision claims, authorities said.
KNX 1070′s Charles Feldman reports California Department of Insurance investigators believe the alleged mastermind of the ring recruited family and friends to file phony claims that bilked seven insurance companies out of more than $314,000.
22-year-old Joel Saldana, of Riverside, was among 13 people arrested in “Operation Three’s Company”, which targeted suspects who allegedly orchestrated 16 “phantom collision” claims involving multiple insurance companies, including State Farm, Progressive and Century.
Saldana, who owns Lightning Auto Body in Riverside, allegedly recruited at least 20 friends and family members for $500 each to claim collisions that were either staged or didn’t occur at all, according to California Insurance Commissioner Dave Jones.
News from http://losangeles.cbslocal.com/2014/06/25/arrests-made-in-alleged-phantom-collision-insurance-fraud-ring/
KNX 1070′s Charles Feldman reports California Department of Insurance investigators believe the alleged mastermind of the ring recruited family and friends to file phony claims that bilked seven insurance companies out of more than $314,000.
22-year-old Joel Saldana, of Riverside, was among 13 people arrested in “Operation Three’s Company”, which targeted suspects who allegedly orchestrated 16 “phantom collision” claims involving multiple insurance companies, including State Farm, Progressive and Century.
Saldana, who owns Lightning Auto Body in Riverside, allegedly recruited at least 20 friends and family members for $500 each to claim collisions that were either staged or didn’t occur at all, according to California Insurance Commissioner Dave Jones.
News from http://losangeles.cbslocal.com/2014/06/25/arrests-made-in-alleged-phantom-collision-insurance-fraud-ring/
