Crime - Sacto 911

Man draws jail term for staging vehicle theft to get out of debt

A man who, authorities say, tried to get out of debt by reporting his vehicle stolen and collecting the insurance has been sentenced to 120 days in Sacramento County Jail and five years probation.

Sacramento Superior Court Judge Gregory Haas also ordered 31-year-old Matthew Lord to pay $12,767.46 in restitution to GEICO, according to a Sacramento County District Attorney’s Office news release. Lord pleaded no contest in April to a felony charge of presenting a false statement regarding an insurance claim or benefit.

An investigation by the California Department of Insurance’s Urban Auto Task Force determined that on June 8, 2013, Lord falsely reported to the Las Vegas Police Department that an unidentified person stole his Porsche Cayenne from him at gunpoint. Lord immediately contacted his auto insurance carrier, GEICO, and made an insurance claim for the alleged theft.

Nine days later, the Las Vegas Police Department found his vehicle. The Cayenne had significant damage to the undercarriage, the interior and the exterior paint. GEICO paid approximately $12,000 to repair the damages.

On Sept. 23, 2014, authorities said, Lord confessed to Department of Insurance detectives that, in June 2013, he was having financial problems and was late making loan payments on his Cayenne. To get out of his financial predicament, he delivered the vehicle to some of his girlfriend’s relatives in Las Vegas. At his request, they damaged the vehicle.

Authorities said Lord was the only person charged in the case.