| Attorney General Matthew J. Platkin, the Division of Criminal Justice (DCJ), and the Office of the Insurance Fraud Prosecutor (OIFP) announced today that a former Camden County insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, 48, of Clementon, New Jersey, is charged by complaint with insurance fraud and theft by deception (both 2nd degree). “The cost of insurance is something all families must be concerned with,” said Attorney General Platkin. “Insurance fraud only adds to that cost. In this case, the defendant is someone who worked in the industry. We need to be able to trust the people who are working for insurers to do their jobs fairly and honestly.” “The defendant in this case knew the system from the inside, and he is charged with exploiting that knowledge and access for illicit financial gain,” said DCJ Director Theresa L. Hilton. “Cases like these are why we have attorneys and investigators who are also familiar with the inner workings of the insurance industry, and who work to bring charges against those who seek to steal from it.” “Insurance claims adjusters are entrusted to safeguard the claims process, not exploit it,” said Interim Insurance Fraud Prosecutor Al Garcia. “When someone with inside access allegedly creates fake claims and funnels payouts to themselves, it betrays policyholders and undermines...
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