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 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Jane Street-Millennium Trade Secrets Fight Ends in Settlement 
Uber Warns NYC Response to Insolvent Insurer Exposes Drivers 
Consulting Firm McKinsey to Pay $650M to Resolve Criminal Opioid Probe 
Advocacy Groups Ask FIO to Release Homeowners Insurance Data Collected by NAIC 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.