A New Jersey fishing boat owner is charged in a botched attempt to sink his vessel to collect insurance money.
A federal indictment unsealed Wednesday charges 38-year-old Scott Tran of Cherry Hill, and three other men.
Authorities say Tran wanted to sink the Alexander II off Cape May.
He’s accused of hiring a crew to carry out the task. Though the captain and crew reported distress and took off in a life raft, the boat did not sink.
The boat owner, an assistant and two crew members were charged.
It’s not immediately clear whether Tran or the others have lawyers.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say 

