TRENTON
- Attorney General Anne Milgram announced
that a Brooklyn man has pleaded guilty to
knowingly receiving and selling stolen property.
According
to Insurance Fraud Prosecutor Greta Gooden
Brown, Michael Giron, 42, of Brooklyn, New
York, pleaded guilty on Friday, Sept. 12,
before Superior Court Judge Marilyn C. Clark
in Passaic County to a criminal accusation
which charged him with third-degree receiving
stolen property and third-degree theft by
deception.
At the guilty plea hearing, Giron admitted
that on April 16, 2007, he knowingly possessed
a stolen 2005 Cadillac Escalade. Giron also
admitted that he sold the Escalade to another
person for $25,000, knowing that the vehicle
had a fraudulent title.
In
pleading guilty, Giron agreed to pay $16,044
in restitution to GEICO Indemnity Insurance
Company, which covered the loss of the stolen
vehicle, and pay $25,000 in restitution
to the person who bought the stolen vehicle.
Detective Nicholas Oelnick and Deputy Attorney
General Robert J. Brass were assigned to
the investigation. Brass represented the
Office of Insurance Fraud Prosecutor at
the guilty plea hearing. Insurance Fraud
Prosecutor Brown thanked the New Jersey
Motor Vehicle Commission for referring this
matter to the Office of Insurance Fraud
Prosecutor.
Giron is scheduled to appear before Judge
Clark on Jan. 9, 2009 to be sentenced.
The
Office of Insurance Fraud Prosecutor was
established by the Automobile Insurance
Cost Reduction Act of 1998. The office is
the centralized state agency that investigates
and prosecutes both civil and criminal insurance
fraud, as well as Medicaid fraud.
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