Pennsauken car dealer admits insurance scam
A Camden County car salesman pleaded guilty Monday to trying to convince insurance companies that two Porsche vehicles had been stolen, when he had actually shipped them to China, authorities said.
A Camden County car salesman pleaded guilty Monday to trying to convince insurance companies that two Porsche vehicles had been stolen, when he had actually shipped them to China, authorities said.
Steven Shore, 58, of Pennsauken, pleaded guilty in Superior Court in Camden to insurance fraud and conspiracy. Shore shipped both Porsches to China in October 2012. He reported the first one missing in November that year and received $68,220 from Liberty Mutual.
The second Porsche was reported missing in April 2013 by Michele Yorgan, 43, whom Shore recruited for the scheme, authorities said. Travelers Insurance denied the claim of nearly $65,000 for that car.
Last month, Yorgan pleaded guilty to insurance fraud, conspiracy, attempted theft by deception and falsifying or tampering with records. Her sentencing is scheduled for Oct. 31.
Shore will be sentenced Dec. 5. He faces up to seven years in prison.
- Michael Boren
