Yacht insurance fraud scheme scuttled

by Tim Flanagan on February 23, 2009

BitterEnd alerts us to the story of Brian Lewis and his yacht Jubilee:

A Seattle man has been charged with insurance fraud for allegedly sinking his own yacht because of “financial pressure and frustration with the maintenance” of the vessel, click authorities said.

Wow. Scuttling your boat for the insurance. It seems like a foolproof plan, visit this site doesn’t it? Maybe not so much.

The full CNN report by Mayra Cuevas-Nazario is here.

The Seattle Post-Intelligencer‘s Levi Pulkkinen covered it here.

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