How a clerk at a 70-year-old Miami company pulled off what cops say is a $3M fraud - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
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
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • 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
Insurance & Financial Fraud
Newswires RSS Get our newsletter
Order Prints
May 21, 2024 Newswires
Share
Share
Post
Email

How a clerk at a 70-year-old Miami company pulled off what cops say is a $3M fraud

Miami Herald (FL)

What started with a chop shop bust in Doral took investigators to an Allapattah building with a 70-year-old auto tag agency and a clerk accused of running a $3 million car title fraud.

The clerk, 32-year-old Katherine Vera Moran, remains in Turner Guilford Knight Correctional Center, charged with 18 counts of title fraud and 18 counts of official misconduct.

Vera Moran’s employer, Miami’s Baumgardner Auto Tag Agency at 1375 NW 36th St, sported a sign on Friday that said it would be closed until this coming Friday for “mandatory state training.”

None of Baumgardner’s listed company officers were in when a Miami Herald reporter dropped by Friday nor have they returned a phone message left Thursday.

Vera Moran’s bond has been set at $50,000.

Investigators say she forged titles, tax paperwork or processed $3,385,000 worth of stolen cars, a list that includes a 2022 Lamborghini Urus (retail $225,000), a 2023 Aston Martin DBS Superleggera (at least $344,586, according to Kelly Blue Book) and a 2021 Mercedes-Benz G550 (approximately $129,000, according to Kelly Blue Book).

Those were the cars that Doral police say they found when they followed the pinging of a stolen car’s locator on Jan. 12 to an auto shop at 5161 NW 79th Ave. They also found two faux vehicle identification number (VIN) plates. After arresting and questioning the chop shop owner, the Miami-Dade State Attorney’s Office said, investigators followed the trail of Baumgardner and Vera Moran.

She ‘stated it was not her job to verify the documents’

Baumgartner, which registered with the state on Oct. 7, 1954, shares 1375 NW 36th St. with Checkmark Insurance. Both businesses, state records say, are run by president Alberto Garcia, vice president Martin Brogan and secretary Iris Piedra. Brogan and Garcia started Checkmark in Hialeah in 2001, then took over Baumgardner sometime between the company’s March 2021 and January 2022 state filings.

The Miami-Dade State Attorney’s office said Vera Moran made $800 to $1,000 for each title transaction. Deliver that via cash or payment app and you could have the forged titles and tax documents for your stolen car.

“The investigation exposed Vera Moran’s frequent manipulation of VINs associated with total loss vehicles, such as transferring a 2020 WhiteJeep Gladiator, deemed a total loss due to extensive fire damage, to a salvage rebuilt title appearing in perfect condition,” the Miami-Dade SAO office said.

For her part, the arrest report said, Vera Moran “stated that it was not her job to verify the documents that she processes and that she is not a police officer. She stated that she simply generates the docs for the vehicles based on the paperwork and titles she receives and she has no way of verifying the authenticity of the documents.”

Vera Moran, the arrest report said, claimed to work only with dealerships. Police pointed out these were private individual transactions and say Vera Moran had photos of various driver’s licenses and title documents on her phone.

Under questioning, Vera Moran said she sometimes got $200 tips via Cash App from her customers. Police say she got paid an extra $8,000 to $10,000 before each title and tax document forgery on the stolen cars.

“Fraudulent title transfers not only deceive the system but inflict profound harm on victims who suffer the loss of property and insurance companies who are forced to cover theft claims. Such crimes can have a lasting and detrimental impact on our community, costing the hardworking citizens of Miami-Dade County by driving up car insurance premiums,” said State Attorney Katherine Fernandez Rundle.

©2024 Miami Herald. Visit miamiherald.com. Distributed by Tribune Content Agency, LLC.

Older

Glen Cove man sentenced to 7 1/2 years for $1M Ponzi scheme

Newer

Sacramento-area insurance agent pleads guilty to COVID relief fraud. Here’s how much he stole

Advisor News

  • I started using AI, but what now?
  • How to support an entrepreneur client with multiple businesses
  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
More Advisor News

Annuity News

  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
More Annuity News

Health/Employee Benefits News

  • It's 5 a.m. at a Princeton Fitness Center – What Do You Say to the Early Arrivals?
  • Your questions answered on Medicare open enrollment
  • Terry Savage: Questions answered on open enrollment
  • New Jersey residents will see Affordable Care Act premiums jump 20% on average for 2027 health insurance
  • Health insurance hits municipal budgets, taxpayers hard
More Health/Employee Benefits News

Life Insurance News

  • Virginia orders Atlantic Coast Life to halt new business Nov. 1
  • AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
  • AM Best Upgrades Credit Ratings of Fidelity Life Association, A Legal Reserve Life Insurance Company; Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Life/Health Subsidiaries
  • 777 Partners founder pleads guilty to $500 million fraud scheme
  • AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
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
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • 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
© 2026 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.