On June 24, 2003, Ramon Ortiz, 48, of Los Angeles and Augustine Carrasco, 43, of Diamond Bar, were arrested on one count of insurance fraud and one count of grand theft. Both charges are felonies and the Los Angeles County District Attorney’s Office is prosecuting the case. Subjects were booked at Los Angeles County Central Jail with bail set at $38,000 each. If convicted, both subjects face up to five years in prison and/or up to $50,000 in fines.
Investigators stated Ortiz shipped a package via UPS in Nov. 2001 to Carrasco in St. Louis, Mo., and insured the package for $40,000. The package was lost in transit and Ortiz filed a lost parcel package claim in Jan. 2002. Ortiz claimed the package contained a pair of earrings and a diamond ring valued at $46,000. The claim was accepted and Ortiz was paid $38,000 as settlement.
Subsequently, UPS learned from the jeweler that the pair of earrings and diamond ring were in possession of the jeweler during the time Ortiz shipped the package in November and when Ortiz filed his claim with UPS.
Carrasco was arrested for aiding and abetting the commission of this fraudulent claim.
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