Insurance Fraud NEWS
Fraudster’s mansion for sale after $20M con in Pennsylvania
April 15, 2019, Bucks County, PA
The mansion owned by a prominent Bucks County family tied up in an insurance fraud scandal has been ordered up for auction by the Pennsylvania Attorney General's Office.
Socialite Claire Risodi and her son, Carl Risoldi were convicted of numerous charges following a Grand Jury investigation into false insurance claims that netted them millions, authorities said.
The property at 5781 Stoney Hill Road will be auctioned on site on Saturday, April 27 at 11 a.m.
There were three fires at the Risoldi's Buckingham Township home, "Clairemont," over five years, in June 2009, Aug. 2010, and Oct. 2013. An investigation into the family concluded the Risoldis had defrauded an insurance company for millions of dollars to support an "excessively extravagant lifestyle," officials said.
For the 2013 fire, specifically, the Risoldis had sought $10 million for property damage and another $10 million for jewelry which Claire Risoldi falsely claimed had been stolen by firefighters.
The six bedroom, five bathroom estate had been listed for $700,000. It sits on more than 10 acres of land, and includes a pool, three fireplaces, a three-car garage, detached woodworking shop, and more. See the full listing at Realtor.com here.
Sentencing for both Risoldis is forthcoming.