ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

How the Mastermind Behind Insurance Fraud Involving Fake Accident Claims was Eventually Nabbed

The arrest unfolded like a scene from a suspenseful movie with Mize apprehended in Jacksonville, Florida, where he was trying to sell a boat under an alias.
PUBLISHED DEC 10, 2023
Cover Image Source: Pexels | Photo by Kindel Media
Cover Image Source: Pexels | Photo by Kindel Media

In a spectacular move that could rival any crime thriller plot, the US Marshals Service has successfully tracked down and arrested William Mize, the alleged mastermind behind a multi-million dollar insurance fraud scheme, per DOJ. The arrest unfolded like a scene from a Hollywood thriller with Mize apprehended in Jacksonville, Florida, where he was reportedly attempting to discreetly sell a boat under an alias.

U.S. Marshal | Getty Images
U.S. Marshal | Getty Images

The series of events started unfolding in December 2018, when a federal grand jury in the Eastern District of Washington identified Mize and others as the orchestrators of a sophisticated web of deceit. The charges ranged from mail fraud and wire fraud to conspiracy to commit health care fraud and money laundering. The fraud, meticulously executed between September 2013 and April 2018, involved concocting fake car accidents, falls, and other incidents across multiple states. One can almost picture the unfolding drama as insurers unwittingly shelled out over $6 million on Mize's allegedly fraudulent claims. The scale of the operation is both astonishing and audacious as Mize left a trail of chaos caused by fabricated claims in his wake.

Pexels | Photo by Tima Miroshnichenko
Embezzlement | Pexels | Photo by Tima Miroshnichenko

In a surprising twist, Spokane developer Ron Wells found himself entangled in Mize's elaborate scheme, ultimately pleading guilty to nine charges. Wells, it seems, became a pawn in Mize's game, and was forced into fraudulent activities under the looming threat of physical harm. His lawyer and prosecutors revealed in court that Mize had allegedly leveraged a $20,000 loan to manipulate Wells into participating in the fraudulent activities.

As a fugitive, Mize thought that because he had financial means, he could avoid apprehension and flout the rule of law, according to Craig Thayer, US Marshal for the Eastern District of Washington.

Pexels | Photo by Kindel Media
In handcuffs | Pexels | Photo by Kindel Media

July 2019 marked the beginning of Mize's life on the run, as he allegedly violated his pretrial release conditions, and consistently managed to give authorities the slip for an extended period. However, just as every great escape eventually comes to an end, Mize's attempt to evade justice crumbled when U.S. Marshals, armed with determination and tenacity, closed in on him. His arrest in Jacksonville, Florida while attempting to sell a boat under an assumed identity unfolded dramatically. The cat-and-mouse chase across state lines featured the use of multiple aliases and hidden transactions.

In the end, the arrest of William Mize served as a resounding victory for the U.S. Marshals Service. The elaborate scheme, spanning years and leaving a considerable financial impact, has been brought to an abrupt halt. As Mize faces the consequences of his alleged crimes, the wheels of justice continue to turn, demonstrating that no one is beyond the reach of the law.

MORE ON MARKET REALIST
While all the Sharks were out, Mark Cuban saw the potential in "Garage Celebrations."
13 hours ago
The loss was ironic as the retired teacher coulnd't get a phrase commonly used in classrooms.
15 hours ago
The recalls were issued for a range of products including tires, air conditioners and power banks.
16 hours ago
The guest who got the item as a gift from a neighbor had little to no idea about its significance.
18 hours ago
Harrison got a good deal for the fossil although it wasn't what he had thought.
1 day ago
The player, Beth Barbee left everyone in the dust with her impressive puzzle solving skills.
1 day ago
Given her celebrity status, Harrison cut her some slack in the negotiations.
1 day ago
The deal ultimately fell apart as the seller, Scotty was looking to get $375,000.
2 days ago
The guest was blown away by the six-figure appraisal for his father's John Falter illustration.
2 days ago
Harvey just couldn't believe that the contestant could come up with an answer like that.
3 days ago
Antoinette's win was even more special because she needed a car more than anything at that point.
3 days ago
The player, Catrice Sandt, nearly blew the Bonus Round puzzle by saying too many words in the end.
4 days ago
The co-founders of Nature's Wild Berry left the Sharks in shock with their miraculous product.
4 days ago
The contestant named Whitney could barely control her emotions as she celebrated with Ryan Seacrest.
4 days ago
The player named Kathy Young missed out on the Showcase Showdown as she had to leave.
5 days ago
Harrison closed a mega deal by scooping up three post cards for the price of one.
5 days ago
The guest who brought his father's prized possesion, had already made up his mind.
5 days ago
Harvey got a genius solution to avoid asking an awkward question to Carson Kressley's family member.
6 days ago
The player could barely control her excitement as she had a near-perfect game on the show.
6 days ago
Harrison knew it was too good of a collection to let go, and he decided to raise the stakes.
7 days ago