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Authorities
in Iowa Break Up Car Theft Ring
DES
MOINES, Iowa - July 9, 2003 – Progressive Insurance assisted the
State Patrol and Narcotics divisions of the Iowa Department of
Public Safety in busting an auto theft ring reportedly responsible
for the theft of more than a million dollars worth of stolen
vehicles. Law
enforcement authorities have identified and are in the process of
arresting more than 30 people on drug, stolen property, and
insurance fraud charges. The sting operation, partially funded by
Progressive Insurance, also led to the recovery of nearly $1.2
million in reported stolen vehicles.
The investigation began
in August of 2002 and ended this past May with more than 100 felony
counts brought against the individuals charged. Progressive donated
$25,000 to help purchase cars from suspected criminals and also
worked behind the scenes, providing valuable information to law
enforcement officials. Iowa authorities say this is one of the
biggest busts of its kind in recent years, and that more arrests are
pending.
Eight of the 112
vehicles seized were insured by Progressive and valued at more than
$100,000. “We’re going to pursue selling these vehicles to try
to recoup some of the money we spent settling the claims,” said
Scott Leighter of Progressive’s Special Investigations Unit.
Leighter added: “We
want to send a clear message that Progressive aggressively works to
root out this kind of criminal behavior. People who steal and commit
fraud drive up the cost of insuring automobiles for everyone, and as
a company we stand strongly behind protecting people’s property
and working to keep the cost of auto insurance down.”
The Iowa Department of
Public Safety also received assistance from the National Insurance
Crime Bureau and local law enforcement officials throughout the
state.
In
addition to vehicles, authorities also seized thousands of dollars
in narcotics and stolen property.
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