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Man charged with insurance coverage fraud after “misplaced” Rolex present in jewellery store

Time could also be gold, however a Washington man is likely to be getting greater than he bargained for after he was charged for submitting a false insurance coverage declare over a luxurious Rolex timepiece he claimed was “misplaced”.

Christopher Michalke of Seattle, WA was charged in King County Superior Courtroom with one felony rely of submitting a false insurance coverage declare for a $14,753 Rolex watch following an investigation by Washington Insurance coverage Commissioner Mike Kreidler’s Prison Investigations Unit (CIU).

In line with the CIU, Michalke bought a “helpful private property” insurance coverage rider from USAA in August 2019. The coverage was meant to cowl his Rolex Submariner, which he had bought in 2018 for $14,753. A couple of yr after buying the rider on August 07, 2020, Michalke filed a declare with USAA saying that he had misplaced the watch whereas he was wakeboarding on Lake Washington some three days prior.

However an investigator with USAA uncovered proof that Michalke had offered his watch to a jewellery retailer, Bellevue Uncommon Cash, for $8,750 on August 28, 2020 – simply 21 days after he had filed the declare. USAA denied the declare and referred the case to the CIU.

A launch from the Washington Workplace of the Insurance coverage Commissioner stated that Michalke is scheduled to seem in courtroom on October 25, 2021, for a listening to.

 

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