Diamonds, apparently, are not a man's best friend.
A Franklin Square man who works as a police officer for the Metropolitan Transportation Authority has been arrested and charged with filing a fraudulent $28,375 insurance claim for a diamond ring he reported missing -- while his fiancee was still wearing the 2.3-carat sparkler.
John Barnett, 40, of Franklin Square was arrested Sept. 12 by Investigator Rosalind Thomas of the New York State Insurance Department's Frauds Bureau, assisted by New York City Police. He was released with no bail.
The insurance department has turned the case over to the Queens district attorney's integrity bureau. An MTA spokesman said Barnett has been suspended without pay.
Forest Hills attorney Michael Dreishpoon, who represents Barnett, said his client entered a not guilty plea when he was arrested.
"I am still investigating the allegations," Dreishpoon said yesterday.
Barnett, a lieutenant commander in the U.S. Navy Reserve, bought the diamond for $15,000 in July 2006 from USAA, a San Antonio, Texas, insurance company that provides services for current and former military personnel. Barnett then had the diamond put into a $2,200, 18-karat gold setting and insured it in December 2006 with USAA for $28,375, officials said.
Early in 2007, Barnett reported that he lost the ring while taking it to a jeweler to be cleaned and filed an insurance claim with USAA, officials said.
State insurance spokesman Ron Klug said his department and USAA began investigating the case around the same time. "The insurance company was suspicious because he brought the policy in December 2006 and a short time later, in April 2007, reported it missing," Klug said.
Barnett is charged with insurance fraud, a felony, and could be sentenced to 21/3 to 7 years in prison if convicted.
Before You Start
- Think about how you would pay for routine expenses if you or another income-earning adult in your home were to suffer a disability and stop working?
- Ask your employer whether disability income insurance is offered as an optional workplace benefit.
- If you're an employer, consider offering it as a benefit to attract and retain desired workers.
- If you already own disability income insurance, take a fresh look at the policy to learn about the level of coverage it provides, eligibility requirements, etc.
Subscribe to:
Post Comments (Atom)
Post a Comment