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.