Pennsylvania Socialite, Convicted of Hundreds of thousands in Insurance coverage Fraud, Dies at 71

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The choose referred to as it a “spectacular” fall from grace after a widely known Pennsylvania socialite was convicted in 2019 of greater than $13 million in insurance coverage fraud.

4 years later, the Bucks County girl, Claire Risoldi, has died at age 71, forsaking a sophisticated story of greed and false allegations towards firefighters, but additionally generosity and caring in direction of others, in accordance with native information stories.

Risoldi, identified for her GOP fundraising and social occasions, was referred to as the mastermind behind schemes that led to false insurance coverage claims for 3 fires at her household’s Buckingham property between 2009 and 2013. AIG Insurance coverage paid out greater than $10 million on one of many claims, though the household had claimed as a lot as $19 million in losses and sued AIG over the denials.

A part of the declare was for a considerable amount of jewellery, which Risoldi accused firefighters of stealing whereas they had been battling the blaze on the mansion, The Morning Name and different information retailers reported. The household additionally vastly inflated the worth of art work that was misplaced within the hearth, together with a portray of the household on the ceiling, the Related Press reported.

Claire Risoldi. (AP Picture/Pennsylvania Workplace of Lawyer Normal)

Protection legal professionals argued that every one three fires on the Clairemont property had been investigated by the insurance coverage firm and deemed unintended. Their consultants blamed the final two on defective wiring. The hearth marshal’s workplace has declared the causes undetermined, in accordance with prosecutors.

Authorities investigated for years, ultimately discovering that a number of the identical jewellery famous within the 2013 hearth had been claimed in three earlier incidents. Ultimately, the girl and 5 others had been convicted of fraud and she or he was sentenced to as a lot as two years in jail. The choose, from one other county after native judges recused themselves due to associations with the household, additionally ordered Risoldi to repay AIG the $10 million, in addition to fines and prices.

Possession of the property was transferred to the state Lawyer Normal’s Workplace, which offered the property as a part of the restitution. The choose additionally talked about the firefighters who had been falsely accused, telling them they need to really feel vindicated after Risoldi’s conviction.

Risoldi appealed the conviction and died in July earlier than the attraction was finalized.

Others, together with members of the family, had been additionally charged within the crimes. One was Risoldi’s second husband, a former Bucks County Sheriff’s Workplace supervisor. He killed himself earlier than the case got here to trial, the New Hope Free Press reported. Her son pleaded responsible.

Prime photograph: Firefighters at a 2009 hearth on the Risoldi mansion, often known as Clairemont. (AP Picture/The Intelligencer, Wealthy Kennedy)

Subjects
Fraud
Pennsylvania

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