Arson, Insurance Fraud Ring Operated For 16 Years

  Monday, March 13th, 2017 Source: U.S. News

Virginia prosecutors say six people have been arrested for their alleged roles in an insurance fraud scheme that involved setting 30 fires. Federal prosecutors say the defendants over the course of 16 years set fire to homes, trailers, mobile homes and cars they bought at auction or in foreclosure in order to collect insurance proceeds. Prosecutors say the defendants also made false statements to insurance companies, firefighters and law enforcement officers. The payouts for each fire ranged from $1,000-$300,000, totaling a combined sum of roughly $900,000.

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