Florida Man Jailed In Staged Auto Crash Ring - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
September 25, 2014 Property and Casualty News
Share
Share
Tweet
Email

Florida Man Jailed In Staged Auto Crash Ring

Adam Sacasa,, Sun Sentinel
By Adam Sacasa,, Sun Sentinel
McClatchy-Tribune Information Services

Sept. 26--What deputies originally thought was a minor crash without injuries wound up costing a car-insurance company almost $20,000.

Acting on information from Allstate Insurance and the FBI, investigators soon unraveled a fraud scheme: A couple had staged the car crash in West Palm Beach while carrying out a ringleader's orders, according to the state Division of Insurance Fraud.

Ricardo Pargas, 49, of West Palm Beach, was arrested Wednesday after investigators said he and his wife were paid $2,000 each to participate in the crash. It was unclear whether Pargas' wife, who was not named in Pargas' arrest report, faces any charge in the case.

The organizer who paid them, Alien Moya, 30, of West Palm Beach, has since been federally charged with participating in a staged crash and fraudulent chiropractic clinic scheme, according to the FBI. He pleaded guilty to fraud in July 2013 as part of Operation Sledgehammer -- an FBI operation aimed at curbing staged-crash insurance fraud.

Pargas' recent arrest stems from a crash that happened on Jan. 11, 2010, on East Carol Circle near Haverhill Road.

Pargas was driving a 2005 Ford pickup about 9:20 p.m., when he stopped on East Carol and was intentionally rear-ended by a 1998 Chevrolet pickup, an arrest report said. Moya had recruited Pargas and his wife to get crashed into by the other vehicle, investigators said.

The day of the crash, a sheriff's deputy taking the report said there weren't any injuries and both drivers drove away. But two days later, Pargas was being treated for injuries from the crash at Karow Chiropractic Center in West Palm Beach.

The claims from the treatment at the center left the insurance company with a bill of $34,065 -- for which the company paid $19,386.25, according to the report.

Federal agents interviewed Pargas and his wife at their West Palm Beach home on April 12, 2012, and said Pargas told them he took part in a staged accident. He said he was recruited by Moya, whose cousin is married to Pargas' son.

After the crash, Moya had Pargas go to the chiropractic center, where he and his wife went twice a week, sometimes getting a massage, according to the report.

Investigators pieced their case together against Pargas, most recently interviewing him earlier this year.

On Wednesday, Pargas was booked into Palm Beach County Jail in lieu of $5,000 bail on a staged accident fraud charge.

Operation Sledgehammer has resulted in 56 people being federally charged with fraud and more than $5 million in restitution being paid to insurance companies for the staged crashes, which happened between October 2006 and December 2012.

Karow Chiropractic Center's owner, Kenneth Karow, 54, of West Palm Beach, was convicted of conspiracy to commit mail fraud in connection to the staged crashes in April 2014, officials said.

Staff researcher Barbara Hijek contributed to this report, [email protected], 561-243-6607 or Twitter and Instagram @adamsacasa

___

(c)2014 the Sun Sentinel (Fort Lauderdale, Fla.)

Visit the Sun Sentinel (Fort Lauderdale, Fla.) at www.sun-sentinel.com

Distributed by MCT Information Services

Wordcount:  505

 

Older

Tom Farrell

Advisor News

  • How OBBBA is a once-in-a-career window
  • RICKETTS RECAPS 2025, A YEAR OF DELIVERING WINS FOR NEBRASKANS
  • 5 things I wish I knew before leaving my broker-dealer
  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
More Advisor News

Annuity News

  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
More Annuity News

Health/Employee Benefits News

  • Jeffries vows to 'pressure' Senate on health care insurance subsidies
  • HEALTH PLANS SUPPORT SOLUTIONS TO LOWER COSTS FOR ALL AMERICANS
  • Teachers in Minnesota’s largest school district authorize strike
  • New Maryland laws taking effect New Year’s Day 2026
  • New MD laws coming into effect New Year’s Day 2026
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • An Application for the Trademark “HUMPBACK” Has Been Filed by Hanwha Life Insurance Co., Ltd.: Hanwha Life Insurance Co. Ltd.
  • ROUNDS LEADS LEGISLATION TO INCREASE TRANSPARENCY AND ACCOUNTABILITY FOR FINANCIAL REGULATORS
  • The 2025-2026 risk agenda for insurers
  • Jackson Names Alison Reed Head of Distribution
  • Consumer group calls on life insurers to improve flexible premium policy practices
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet