Woman convicted of insurance fraud after mortgaging an engagement ring and claiming it was lost

The following is a press release from the Idaho Attorney General’s office.

BOISE – Attorney General Lawrence Wasden says a Jerome woman was convicted of insurance fraud. Fifth District Judge John K. Butler sentenced Natalie N. Orosco to two years fixed and three years indefinite imprisonment, sentenced her to pay American Family Insurance $ 1,662 plus a fine of $ 500 Legal fees and 100 hours of community service.

The court suspended his sentence and placed Orosco on three years probation.

Orosco, 33, pleaded guilty to insurance fraud charges on November 16, 2015. With her admission of guilt, she admitted that she knowingly made a false statement to her insurance company.

Orosco contacted her insurance provider American Family Insurance on April 16, 2013 to report the loss of her engagement ring. She also filed a complaint with the Twin Falls County Police Department reporting that her ring, valued at $ 15,000, was lost. American Family Insurance investigated the claim and found that Orosco had mortgaged her ring on March 5, 2012 and reclaimed it on April 15, 2013, one day prior to filing the claim with their insurance provider.

American Family Insurance referred the matter to the Idaho Insurance Department’s fraud investigation unit for further investigation. The case was followed up by Assistant Attorney General Krista Howard of the Attorney General’s Insurance Crime Division.

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