Colorado AG charges Silt cop with insurance fraud
Silt Police Office Michael Taylor has been charged with insurance fraud and other financial crimes, Colorado Attorney General Cynthia H. Coffman said in a news release Friday.
Taylor was indicted by the Colorado Statewide Grand Jury on three counts of felony insurance fraud, three counts of felony forgery and three counts of felony theft. The indictment followed an investigation by the Attorney General’s office, the Colorado Bureau of Investigation and the National Insurance Crime Bureau, the news release said.
The indictment alleges that Taylor made three deceptive insurance claims from 2010 to 2015 and received tens of thousands of dollars in insurance payments.
He is accused, in part, of making a false police report in 2015 claiming that someone had gone into his wife’s vehicle and stolen thousands of dollars worth of jewelry. He is accused of then making a false insurance claim based upon that false police report and receiving $9,918 from the insurance company before his fraud was uncovered.
“Insurance fraud is a crime that affects everyone in Colorado by driving up premiums and creating red tape for our hardworking and honest citizens,” Coffman said. “The fact that this alleged criminal behavior was perpetrated by someone who was sworn police officer, who was supposed to protect Coloradans, makes this even more grievous.”
The case has been filed in Garfield County.
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Many members of the community wrote to laud the former Skico executive and city councilman for his friendship, dedication to family and community-minded spirit over more than two decades in Aspen.