Man charged with fleecing insurance company for $25,000 ring
STILLWATER — A Woodbury man suspected of swindling an insurance company out of more than $25,000 was arrested Nov. 27 at Minneapolis-St. Paul International Airport.
A special agent with the state’s Department of Commerce Fraud Bureau arrested Alberto Jose Marzan, 38, after an eight-month investigation.
Washington County prosecutors charged Marzan on Dec. 2 with one count of insurance fraud and one count of theft by swindle, both felonies.
According to a criminal complaint, Marzan filed a claim with Liberty Mutual Group in March for an engagement ring that had been lost or stolen. The insurance group issued Marzan a check for $25,924 but then received an anonymous tip in April that Marzan’s claim was fraudulent.
Authorities learned Marzan didn’t take possession of the ring until after he received the insurance company’s payout.
The complaint states that after a search warrant was executed Nov. 1 to recover the ring, Marzan terminated his apartment lease and bought a ticket for a flight departing Minneapolis on Nov. 27. The Commerce Department agent arrested Marzan at the airport.
Marzan was released Dec. 2 on a conditional $5,000 bond.