Insurance Fraud Scheme Leads To Charges For Long Valley Man: Police

LONG VALLEY, NJ — Two New Jersey residents, one of them from Long Valley, were arrested last week and accused of a fraud scheme that included the trade of a PBA card, officials said.

Christopher Angst, 48, of Long Valley, conspired with Michael McFadden, 54, of New Milford, an insurance agent with Insuranze Associates in Hasbrouck Heights, officials said.

The Morris County Prosecutor’s Office said that they received a referral from the Office of the Insurance Fraud Prosecutor involving allegations of insurance fraud in connection with C&E Professional Painting LLC, located in Long Valley, and its owner, Angst.

According to Morris County Prosecutor Robert J. Carroll, McFadden created false documents saying Angst had a worker’s compensation policy for his painting company.

However, the business had no worker’s compensation policies, Carroll said.

According to the Prosecutor's Office, an early investigation indicated that Angst had fraudulently represented his painting business to a client as being insured and that the client had inadvertently submitted fake documents to an insurance carrier.

Angst was also an officer with the Montclair University Police Department at the time of the scheme, and it is also alleged that he gave McFadden a gold Police Benevolent Association card in exchange for the documents, according to investigators.

Angst has since been charged with insurance fraud, forgery, falsifying and tampering with records, conspiracy to commit insurance fraud and failure to provide worker’s compensation. McFadden was charged last week by summons with insurance fraud, conspiracy to commit insurance fraud, falsifying records, forgery and hindering.