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Press Release Holbrook Man Indicted for Damaging Luxury Cars in Insurance Scheme that Collected More Than $200,000

Defendant Also Allegedly Misrepresented Finances to Purchase Cars
For immediate release:
7/10/2020
  • Office of Attorney General Maura Healey

Media Contact for Holbrook Man Indicted for Damaging Luxury Cars in Insurance Scheme that Collected More Than $200,000

Alex Bradley

BostonA Holbrook man was indicted in connection with damaging luxury cars bought under false pretenses in order to collect insurance proceeds, Attorney General Maura Healey announced today.

Dion Augustin, 23, was indicted this week by a Statewide Grand Jury on charges of Larceny Over $250 By False Pretenses (7 counts) and Motor Vehicle Insurance Fraud (8 counts). He will be arraigned in Middlesex and Norfolk Superior Courts at a later date.

The AG’s Office alleges that between August 2016 and December 2017, Augustin purchased numerous luxury vehicles—including a Bentley, a Maserati, and two Fisker Karmas— and rented trucks from U-Haul in his own name and by using a series of intermediaries (known as “straw” purchasers). Augustin allegedly obtained financing for those purchases by misrepresenting both his own creditworthiness and that of his straw purchasers. After securing insurance on the luxury vehicles, the AG’s Office alleges that Augustin deliberately damaged them and reported the damage as accidental in order to collect the insurance proceeds.

The AG’s Office began its investigation after a referral from the Massachusetts Insurance Fraud Bureau.

In total, the AG’s Office alleges that Augustin obtained $136,940 in financing through his use of misrepresentations. The office further alleges that the false insurance claims made by Augustin resulted in insurance payouts in excess of $208,700.

These charges are allegations and all defendants are innocent until proven guilty. 

This case is being prosecuted by Assistant Attorney General Eric Haskell, Investigator Michael Azevedo of the AG’s Insurance and Unemployment Fraud Unit, and Victim Witness Advocate Lia Panetta. Massachusetts Insurance Fraud Bureau investigators and Massachusetts State Police provided assistance to this investigation.

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Media Contact for Holbrook Man Indicted for Damaging Luxury Cars in Insurance Scheme that Collected More Than $200,000

Office of Attorney General Maura Healey 

Attorney General Maura Healey is the chief lawyer and law enforcement officer of the Commonwealth of Massachusetts.
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