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 This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case 
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings 
Founder of Auto Parts Maker Charged With Fraud That Wiped Out Billions 
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.