Feds Charge Man With Fraud Over $480K In Fake Parcel Insurance Claims

A Madison man, charged with defrauding a parcel delivery insurer out of more than $360,000 by filing false insurance claims on phantom packages, was arrested Thursday by federal authorities. Scott Reaston, 40, an Australian who lives in Madison, was indicted last week in U.S. District Court, but the indictment remained under seal until his arrest Thursday morning outside a business in Madison, U.S. Attorney’s Office spokeswoman Myra Longfield said. Reaston appeared briefly in court Thursday, but will be back in court Friday for a hearing to determine whether he’ll remain in custody while his case is pending after prosecutors requested that he be held.