Des Moines - Nathan Tun, age 25, of Storm Lake, received a deferred judgement in Buena Vista County District Court following an investigation by the Iowa Insurance Division's Fraud Bureau for his part in a scheme in which he made a fraudulent submission to an insurer (Class D felony).
“Insurance fraud is not a victimless crime. We all pay for insurance fraud in the form of higher insurance costs,” Iowa Insurance Commissioner Doug Ommen said. “I appreciate the hard work of our Fraud Bureau and all who participated in the prosecution of this case so Mr. Tun was held accountable for his actions.”
The deferred judgement is the result of an investigation which began in June of 2019. The investigation determined that Tun conspired with two individuals in a scheme to take his vehicle to Texas or Mexico in order to conceal the vehicle’s location. After the vehicle was taken, Tun falsely reported to his insurer that his vehicle was stolen and collected over $17,000 in insurance proceeds.
As a result of the deferred judgement, Tun was placed on probation for a period of three years through the Iowa Department of Corrections. Additionally, Tun was issued a civil penalty of $750 and ordered to pay $17,107.25 in restitution.
The Iowa Insurance Division’s Fraud Bureau was assisted by the Storm Lake Police Department in this investigation.
Iowans with information about insurance fraud should contact the Iowa Insurance Division’s Fraud Bureau at (515) 242-5304.
Photo courtesy of the Buena Vista County Sheriff’s Office.