Fla. Business Owner in Hot Water; Arson Charges Handed Down
A Florida business owner has been arrested on charges that he burned down his seafood processing company in order to collect insurance proceeds, according to investigators with the State Fire Marshal’s Office.
Investigators say Sanjeev “Paul” Singh, owner of Silverbeach Seafood Company, 633 Pam Lem St., allegedly burned the structure on May 4, resulting in $350,000 damages. Singh was arrested late Wednesday and booked into the Brevard County Jail. Singh was charged with arson, grand theft and burning to defraud. If convicted, he could face up to 15 years in prison.
The fire investigation was conducted jointly by the State Fire Marshal’s Bureau of Fire and Arson Investigations, the Federal Bureau of Alcohol, Tobacco and Fire Arms and the Brevard County Fire Department.
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- Apollo Accused in Lawsuit of Illegal Human Life Wagering Scheme
- ‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial
- Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Ship Owner in Bridge Collapse Seeks to Limit Its Liability
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair