Man accused of intentionally crashing U-Haul for insurance money - News, Weather & Sports

Man accused of intentionally crashing U-Haul for insurance money

LOUISVILLE, KY (WAVE) - A Sellersburg, IN man is accused of participating in a large crime ring with the goal of committing insurance fraud by staging a U-Haul crash.

According to an arrest warrant, Michael D. Buck, 25, conspired with others to rent a U-Haul truck, purchase supplemental insurance, and intentionally crash the truck into another vehicle for the purpose of obtaining money and benefits unlawfully through insurance fraud.

Police said the crash happened in Louisville on August 30, 2010. As a result of the fraudulent collision, investigators said, more than $60,000 worth of claims and settlement demands were presented to Repwest Insurance Company, which provides insurance policies for U-Haul. Repwest actually paid $24,000 worth of the claims and settlement demands.

The arrest warrant states that claims were also made to Nationwide Insurance, the insurer of the second vehicle involved in the crash.

Police said co-defendant Aeron Toney provided a recorded confession stating that the crash was intentionally staged for the purpose of committing insurance fraud.

Buck is charged with fraudulent insurance acts over $500.

Copyright 2014 WAVE 3 News. All rights reserved.

Powered by Frankly