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October 11, 2022 Regulation News
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Iowa man pleads guilty to insurance fraud

By Press Release

Sang Nguyen, 47, of Des Moines, pled guilty on Oct. 4, 2022, to one count of Insurance Fraud - Application Submission (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau.

The investigation began in June of 2022 after the Iowa Insurance Division’s Fraud Bureau received information indicating Nguyen had provided false information to an insurer when purchasing full coverage automobile insurance.

The investigation determined that after Nguyen’s motorcycle was involved in a single vehicle collision and sustained over $3,000 in damage he contacted an insurer to purchase auto insurance coverage. During the purchase Nguyen provided false information about the existing damage to his motorcycle and was granted full coverage automotive insurance.

Days later, Nguyen filed an insurance claim alleging that the pre-existing damage occurred after he obtained the insurance coverage. Nguyen's intent was to receive insurance benefits to which he was not entitled. Nguyen was arrested on July 20, 2022.

Following his guilty plea, Nguyen received a five year suspended prison sentence and was placed on supervised probation for two years. Nguyen was also ordered to pay a fine of $1,025.

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