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For
Immediate Release: |
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For
Further Information Contact: |
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November
28, 2005 |
Office
of The Attorney General
-
Peter C. Harvey,
Attorney General
Division
of Criminal Justice
- Vaughn L. McKoy, Director
Office of the Insurance Fraud
Prosecutor
- Greta Gooden Brown, Insurance
Fraud Prosecutor
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Rachel
Sacharow
609-984-1936
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Camden
County Inmate Pleads Guilty to Stealing
Insurance Funds by Breaking Policy Guidelines
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TRENTON
- Division of Criminal Justice Director
Vaughn L. McKoy announced that a Maryland
man currently incarcerated in Camden County
Jail has pleaded guilty to stealing insurance
monies by breaking the guidelines of an
insurance policy.
According to Insurance Fraud Prosecutor
Greta Gooden Brown, Richard Farber, 31,
formerly of Hi-Nella, Camden County, and
currently incarcerated in the Camden County
Jail, pleaded guilty before Camden County
Superior Court Judge Thomas Brown to charges
contained in a criminal Accusation filed
by the Division of Criminal Justice. The
Accusation charged theft by deception
(3rd degree). When sentenced on Jan. 13,
Farber faces up to five years in state
prison and a criminal fine of up to $15,000.
Farber also faces civil insurance fraud
fines.
At the guilty plea hearing, Farber admitted
that between Oct. 23 and Nov. 5, 2003,
he stole more than $2,000 by breaking
the requirements on an insurance policy
following an Aug. 20, 2003 burglary at
his house. Farber reported to Philadelphia
Contributionship Insurance Company that
as the result of the burglary, Farber’s
42" plasma television, digital camera,
camcorder, notebook computer and scanner
had been stolen. Farber supported his
claim with receipts showing purchases
of those items from Circuit City appliance
store. Contributionship Insurance promised
Farber $2,069 in holdback money once he
replaced the plasma TV. An investigation
by the Division of Criminal Justice -
Office of Insurance Fraud Prosecutor determined
that Farber purchased the TV, received
the holdback, and then returned the TV
to Circuit City, which was in direct violation
of the policy requirements.
State Investigator Scott Caponi, Civil
Investigator Bonnie Apone, and Deputy
Attorney General Lewis J. Korngut were
assigned to the investigation. DAG Korngut
represented the Office of Insurance Fraud
Prosecutor at the Nov 17 guilty plea hearing.
#
# #
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