Wisconsin Bar Owner Guilty of Burning Business for Insurance Money
A Hayward, Wisconsin tavern owner has been found guilty of burning his business to collect more than $250,000 in insurance money.
U.S Attorney Erik Peterson’s office says a federal jury found 39-year-old Philip Lathrop guilty of arson and mail fraud.
Prosecutors say Lathrop owned Player’s Sports Bar & Grill. It burned down on Aug. 16, 2003, a day before Lathrop’s insurance on the place expired and his premiums were set to increase. He collected $253,000 for his losses.
Investigators say Lathrop hired Dave Maki to burn the bar down for $5,000 and some cocaine. Maki’s case is still pending in Washburn County Circuit Court.
Lathrop is set to be sentenced May 8.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Survey: Majority of P/C Insurance Decision makers Say Industry Will Be Powered by AI in Future
- Allstate Thinking Outside the Cubicle With Flexible Workspaces
- McKinsey in Talks to Pay More Than $600M to Resolve Probe, Sources Say
- Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts
Popular This Month