DATE: June 19, 2015
CASE: Matthew Lord
PROSECUTOR: Deputy District Attorney Alan Hengel, Insurance Fraud Unit
District Attorney Anne Marie Schubert announced that the Honorable Gregory Haas sentenced 31-year-old Matthew Lord to 120 days in county jail, 5 years formal probation and ordered him to pay $12,767.46 in restitution to GEICO. On April 30, 2015, Lord pled no contest to a felony charge of presenting a false statement regarding an insurance claim or benefit.
An investigation by the California Department of Insurance’s Urban Auto Task Force (DOI) determined that on June 8, 2013, Lord falsely reported to the Las Vegas Police Department an unidentified suspect stole his Porsche Cayenne from him at gunpoint. Lord immediately contacted his auto insurance carrier, GEICO, and made an insurance claim for the alleged theft.
Nine days later, the Las Vegas Police Department found his vehicle. The Cayenne had significant damage to the undercarriage, the interior and the exterior paint. GEICO paid approximately $12,000 to repair the damages.
On September 23, 2014, Lord confessed to DOI detectives that in June 2013 he was having financial problems, including being late on making loan payments on his Cayenne. In order to get out of his financial predicament, he delivered the Cayenne to some of his girlfriend’s relatives in Las Vegas. At his request, those relatives damaged the vehicle. Lord was the only suspect charged in this case.
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