Insurance agent charged with fraud for claiming lost ring twice 28 Feb 12

A Shakopee insurance agent is accused of trying to dupe two other agencies by falsely claiming his wife’s wedding ring as lost in two different years.

Andrew Reiffenberger, 33, has been charged in Scott County District Court with one felony count of insurance fraud. Reiffenberger filed a claim in 2009 alleging the ring was accidentally thrown away. He was paid its full value of over $6,000.

According to the criminal complaint, last spring Reiffenberger tried the same stunt with a different insurance agency, claiming his wife lost the ring at the school where she worked. When Reiffenberger was told the claim would need to be investigated further, he tried to withdraw it, saying a janitor found the ring.

Shakopee police discovered that the dates on the ring’s certificate of value had been changed from the 2009 claim, but the jeweler who sold Reissenberger the ring claimed it’s the only one of that style he had sold.

 

Reissenberger’s next court appearance is set for April 2. If convicted, the maximum penalty is 10 years in prison and a $10,000 fine.