Attorney general indicts Silt cop
Officer suspected of insurance fraud
A Silt police officer was indicted by a grand jury and arrested for alleged insurance fraud this week, according to information released by the state attorney general.
Michael Taylor, 49, was arrested after he was the subject of an investigation involving the attorney general’s office, the Colorado Bureau of Investigation and the National Insurance Crime Bureau. Charges have been brought against him after the Colorado Statewide Grand Jury indicted him for three counts of felony insurance fraud, three counts of felony forgery and three counts of felony theft.
Taylor, who lives in New Castle, is accused of filing three fake insurance claims in three cases from 2010 to 2015, in which he received tens of thousands of dollars in payments. According to the attorney general’s office, one of those cases is one in which he claimed thousands of dollars of jewelry was stolen from his wife’s vehicle. In addition to the false police report, Taylor is accused of making a false insurance claim and receiving almost $10,000 from the insurance company.
Taylor was arrested on Thursday and was booked into the Garfield County Jail, according to jail booking reports. He posted $5,000 bond and was released less than two hours after he was booked into the jail.
“Insurance fraud is a crime that affects everyone in Colorado by driving up premiums and creating red tape for our hardworking and honest citizens,” said Attorney General Cynthia Coffman in a prepared release. “The fact that this alleged criminal behavior was perpetrated by someone who was a sworn police officer, who was supposed to protect Coloradans, makes this even more grievous.”
To report suspected fraud, visit http://www.stopfraudcolorado.gov or call 1-800-222-4444.