Gary Scott Bishop, 35, of Folsom, Calif., was arrested on two felony counts of insurance fraud and booked into the Sacramento County Jail.
In Aug. 2001, Bishop allegedly claimed his residence garage was burglarized. Bishop filed a homeowners claim with State Farm Insurance Company and reportedly submitted fraudulent receipts totaling over $8,000 for golf clubs, a bicycle, snow skis, and scuba gear in order to receive compensation he was not entitled to.
The investigation revealed Bishop allegedly fabricated the receipts, filed a false police report, and was only missing a $500 bicycle. Bishop admitted to filing the false claim due to financial pressures.
The potential loss to State Farm as a result of this fraudulent claim was $8,661.76.
Was this article valuable?
Here are more articles you may enjoy.
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
NAIC Victim of Cyber Incident Via PeopleSoft System From This Issue
