AI
Wednesday, November 03, 2010 11:36:23 AM
OMG! Vincent A. LoCastro, arrested 10/21/2010 for Auto - padding/false claim in Canonsburg, PA
Insurance fraud is five years! Stick a fork in Vinnie the Torch! DONE
http://insurancefraud.org/arrests.lasso
Vincent A. LoCastro, arrested 10/21/2010 for Auto - padding/false claim in Canonsburg, PA
10/21/2010 3:32 AM
Owner of used car dealership faces more charges
By Kathie O. Warco, Staff writer kwarco@observer-reporter.com
This article has been read 4569 times.
CANONSBURG - The owner of a Canonsburg used car dealership was arrested Wednesday by agents of the state attorney general's office for allegedly making a false insurance claim.
Vincent A. LoCastro, 47, of 102 Standing Rock Drive, McMurray, is accused of filing the false claim for a Cadillac Escalade that was involved in a crash in Pittsburgh. The vehicle was being leased by his dealership, All Pro Auto Mall, 108 S. Central Ave.
The state attorney general's office was contacted by investigators for the Progressive and Esurance insurance companies.
"Basically, there was an insurance lapse on the Cadillac Escalade that was then involved in an accident," said Nils Fredericksen, deputy press secretary for Attorney General Tom Corbett. "New insurance was obtained and a claim was made, changing the date of the accident to make sure it was within the time period of coverage. A forged towing bill also was submitted."
Insurance for the vehicle was initially obtained from Progressive by Gregory Washington with All Pro Auto Mall and LoCastro designated as leinholders. Fredericksen said the insurance was canceled due to lack of payment. The policy expired Oct. 2, 2008, and the crash happened Nov. 21, 2008 when Washington's girlfriend, Shanice Jennings, was driving it.
Washington told investigators he told LoCastro the insurance had lapsed and that Progressive was going to help him go after the owner of the van that hit the Cadillac. Washington also told investigators he was not aware that another insurance policy was obtained until he was contacted by Esurance.
LoCastro reportedly filed a claim with Esurance indicating the wreck happened Dec. 1, 2008. He also reportedly submitted a tow bill indicating the vehicle had been in storage since Dec. 1 and not Nov. 20.
"This is fairly common," Fredericksen said of the fraudulent claim. "People believe it is OK to let insurance lapse and then fudge the truth. We deal with this almost daily."
LoCastro was arraigned before District Judge David Mark on charges including insurance fraud, attempted theft and forgery and released on his own recognizance. A preliminary hearing is set for Oct. 28 before Mark.
Earlier this year, LoCastro waived to court charges stemming from his alleged failure to pay the state money for fees collected on vehicles he sold at All Pro Auto Mall.
State police at the Washington barracks charged him with multiple violations, including 338 counts of applications for certificate of title and more than 500 counts of violating rules for registering vehicles. He also is charged with theft by failure to make required deposit of funds and tampering with public records.
He also faces charges filed by state police claiming fraudulent business practices at the dealership in 2007 and 2008.
LoCastro is tentatively expected to enter a plea Friday before Judge Janet Moschetta Bell.
http://www.observer-reporter.com/or/localnews/10-21-2010-locastro-arrested-w-headshot
10/27/2010
Used car dealership owner facing charges
By Kathie O. Warco Observer-Reporter kwarco@observer-reporter.com
The owner of a Canonsburg used car dealership was arrested Oct. 20 by agents of the state attorney general's office for allegedly making a false insurance claim.
Vincent A. LoCastro, 47, of 102 Standing Rock Drive, McMurray, is accused of filing the false claim for a Cadillac Escalade that was involved in a crash in Pittsburgh. The vehicle was being leased by his dealership, All Pro Auto Mall, 108 S. Central Ave.
The state attorney general's office was contacted by investigators for the Progressive and Esurance insurance companies.
"Basically, there was an insurance lapse on the Cadillac Escalade that was then involved in an accident," said Nils Fredericksen, deputy press secretary for Attorney General Tom Corbett. "New insurance was obtained and a claim was made, changing the date of the accident to make sure it was within the time period of coverage. A forged towing bill also was submitted."
Insurance for the vehicle was initially obtained from Progressive by Gregory Washington with All Pro Auto Mall and LoCastro designated as leinholders. Fredericksen said the insurance was canceled due to lack of payment. The policy expired Oct. 2, 2008, and the crash happened Nov. 21, 2008 when Washington's girlfriend, Shanice Jennings, was driving it.
Washington told investigators he told LoCastro the insurance had lapsed and that Progressive was going to help him go after the owner of the van that hit the Cadillac. Washington also told investigators he was not aware that another insurance policy was obtained until he was contacted by Esurance.
LoCastro reportedly filed a claim with Esurance indicating the wreck happened Dec. 1, 2008. He also reportedly submitted a tow bill indicating the vehicle had been in storage since Dec. 1 and not Nov. 20.
"This is fairly common," Fredericksen said of the fraudulent claim. "People believe it is OK to let insurance lapse and then fudge the truth. We deal with this almost daily."
LoCastro was arraigned before District Judge David Mark on charges including insurance fraud, attempted theft and forgery and released on his own recognizance. A preliminary hearing is set for Oct. 28 before Mark.
Earlier this year, LoCastro waived court charges stemming from his alleged failure to pay the state money for fees collected on vehicles he sold at All Pro Auto Mall.
State police at the Washington barracks charged him with multiple violations, including 338 counts of applications for certificate of title and more than 500 counts of violating rules for registering vehicles. He also is charged with theft by failure to make required deposit of funds and tampering with public records.
He also faces charges filed by state police claiming fraudulent business practices at the dealership in 2007 and 2008.
http://www.thealmanac.net/alm/story10/10-27-2010-locastro-arrested
Insurance fraud is five years! Stick a fork in Vinnie the Torch! DONE
http://insurancefraud.org/arrests.lasso
Vincent A. LoCastro, arrested 10/21/2010 for Auto - padding/false claim in Canonsburg, PA
10/21/2010 3:32 AM
Owner of used car dealership faces more charges
By Kathie O. Warco, Staff writer kwarco@observer-reporter.com
This article has been read 4569 times.
CANONSBURG - The owner of a Canonsburg used car dealership was arrested Wednesday by agents of the state attorney general's office for allegedly making a false insurance claim.
Vincent A. LoCastro, 47, of 102 Standing Rock Drive, McMurray, is accused of filing the false claim for a Cadillac Escalade that was involved in a crash in Pittsburgh. The vehicle was being leased by his dealership, All Pro Auto Mall, 108 S. Central Ave.
The state attorney general's office was contacted by investigators for the Progressive and Esurance insurance companies.
"Basically, there was an insurance lapse on the Cadillac Escalade that was then involved in an accident," said Nils Fredericksen, deputy press secretary for Attorney General Tom Corbett. "New insurance was obtained and a claim was made, changing the date of the accident to make sure it was within the time period of coverage. A forged towing bill also was submitted."
Insurance for the vehicle was initially obtained from Progressive by Gregory Washington with All Pro Auto Mall and LoCastro designated as leinholders. Fredericksen said the insurance was canceled due to lack of payment. The policy expired Oct. 2, 2008, and the crash happened Nov. 21, 2008 when Washington's girlfriend, Shanice Jennings, was driving it.
Washington told investigators he told LoCastro the insurance had lapsed and that Progressive was going to help him go after the owner of the van that hit the Cadillac. Washington also told investigators he was not aware that another insurance policy was obtained until he was contacted by Esurance.
LoCastro reportedly filed a claim with Esurance indicating the wreck happened Dec. 1, 2008. He also reportedly submitted a tow bill indicating the vehicle had been in storage since Dec. 1 and not Nov. 20.
"This is fairly common," Fredericksen said of the fraudulent claim. "People believe it is OK to let insurance lapse and then fudge the truth. We deal with this almost daily."
LoCastro was arraigned before District Judge David Mark on charges including insurance fraud, attempted theft and forgery and released on his own recognizance. A preliminary hearing is set for Oct. 28 before Mark.
Earlier this year, LoCastro waived to court charges stemming from his alleged failure to pay the state money for fees collected on vehicles he sold at All Pro Auto Mall.
State police at the Washington barracks charged him with multiple violations, including 338 counts of applications for certificate of title and more than 500 counts of violating rules for registering vehicles. He also is charged with theft by failure to make required deposit of funds and tampering with public records.
He also faces charges filed by state police claiming fraudulent business practices at the dealership in 2007 and 2008.
LoCastro is tentatively expected to enter a plea Friday before Judge Janet Moschetta Bell.
http://www.observer-reporter.com/or/localnews/10-21-2010-locastro-arrested-w-headshot
10/27/2010
Used car dealership owner facing charges
By Kathie O. Warco Observer-Reporter kwarco@observer-reporter.com
The owner of a Canonsburg used car dealership was arrested Oct. 20 by agents of the state attorney general's office for allegedly making a false insurance claim.
Vincent A. LoCastro, 47, of 102 Standing Rock Drive, McMurray, is accused of filing the false claim for a Cadillac Escalade that was involved in a crash in Pittsburgh. The vehicle was being leased by his dealership, All Pro Auto Mall, 108 S. Central Ave.
The state attorney general's office was contacted by investigators for the Progressive and Esurance insurance companies.
"Basically, there was an insurance lapse on the Cadillac Escalade that was then involved in an accident," said Nils Fredericksen, deputy press secretary for Attorney General Tom Corbett. "New insurance was obtained and a claim was made, changing the date of the accident to make sure it was within the time period of coverage. A forged towing bill also was submitted."
Insurance for the vehicle was initially obtained from Progressive by Gregory Washington with All Pro Auto Mall and LoCastro designated as leinholders. Fredericksen said the insurance was canceled due to lack of payment. The policy expired Oct. 2, 2008, and the crash happened Nov. 21, 2008 when Washington's girlfriend, Shanice Jennings, was driving it.
Washington told investigators he told LoCastro the insurance had lapsed and that Progressive was going to help him go after the owner of the van that hit the Cadillac. Washington also told investigators he was not aware that another insurance policy was obtained until he was contacted by Esurance.
LoCastro reportedly filed a claim with Esurance indicating the wreck happened Dec. 1, 2008. He also reportedly submitted a tow bill indicating the vehicle had been in storage since Dec. 1 and not Nov. 20.
"This is fairly common," Fredericksen said of the fraudulent claim. "People believe it is OK to let insurance lapse and then fudge the truth. We deal with this almost daily."
LoCastro was arraigned before District Judge David Mark on charges including insurance fraud, attempted theft and forgery and released on his own recognizance. A preliminary hearing is set for Oct. 28 before Mark.
Earlier this year, LoCastro waived court charges stemming from his alleged failure to pay the state money for fees collected on vehicles he sold at All Pro Auto Mall.
State police at the Washington barracks charged him with multiple violations, including 338 counts of applications for certificate of title and more than 500 counts of violating rules for registering vehicles. He also is charged with theft by failure to make required deposit of funds and tampering with public records.
He also faces charges filed by state police claiming fraudulent business practices at the dealership in 2007 and 2008.
http://www.thealmanac.net/alm/story10/10-27-2010-locastro-arrested
Ahhh! BINGO! What fun! But, I digress.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
