Public adjuster charged with $700K Sandy insurance scam

  Friday, December 20th, 2013 Source: Insurance & Financial Advisor

A licensed public adjuster whose job it was to assist home and business owners in resolving insurance claims, allegedly stole more than $700,000 in insurance proceeds owed to dozens of claimants, some of whom incurred damages to their homes or businesses during Hurricane Sandy, authorities claimed. Marshall Stephen Perlman, 70, of Naudain Street, Philadelphia, faces charges in connection with alleged incidents that occurred between 2010 and 2013 while he did business as Claimstar Inc. The charges are insurance fraud, theft by deception, forgery, identity theft, deceptive or fraudulent business practices and receiving stolen property.

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