A New Jersey body shop owner has been pleaded guilty to defrauding more than a dozen insurers of nearly $52,000 by submitting fake invoices for repair parts.
Prosecutors say Divyakant Patel, owner of J&R Body Masters in Perth Amboy, admitted to including fraudulent invoices in bills his body shop sent to insurers from Nov. 2006 through May 2010.
The insurance companies defrauded by Patel were Enterprise Rent-A-Car, High Point Insurance, Liberty Mutual, 21st Century Insurance, New Jersey Manufacturers, GEICO, Allstate, SIA, Mercury, Progressive, Palisades, Ameriprise/IDS Property and Casualty, Met Life and Hanover Insurance.
Patel was sentenced to five years probation, ordered to pay $51,946 in restitution and to serve 100 hours of community service
Was this article valuable?
Here are more articles you may enjoy.
Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says
USDA Says Argentine Beef That Missed Inspection Is Recalled
Trump Wins Permission to Revise BBC Suit to Remove Brand Damage