Department of Insurance
LOUISVILLE WOMAN INDICTED FOR INSURANCE FRAUD
FRANKFORT, Ky. (July 16, 2008) – A Louisville woman has been indicted on one felony count of insurance fraud after allegedly filing a false claim with Nationwide Insurance Company.
Linda M. Schierer, 69, stated under oath that she drove her 2008 Toyota Corolla into a concrete post in a parking lot. The insurer’s inspection revealed damage inconsistent with striking a post. During the investigation, Schierer admitted that she was involved in a collision with another vehicle and left the scene of the accident.
Nationwide denied the claim based on the material misrepresentation. She was indicted on a felony charge because the benefit for a paid claim would have been more than $300.
The case was investigated by the Kentucky Department of Insurance Fraud Investigation Division.
A pre-trial conference is scheduled for Aug. 18 in Jefferson Circuit Court. If found guilty, Schierer faces a prison sentence of one to five years; a fine of $10,000 or twice the amount of gain; or both a prison sentence and a fine. The Department of Insurance is an agency of the Public Protection Cabinet.