DENVER- Colorado Attorney General Cynthia H. Coffman today announced the filing of charges against Michael Taylor, an officer with the Silt Police Department. Taylor was indicted by the Colorado Statewide Grand Jury and was charged with 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.
“Insurance fraud is a crime that affects everyone in Colorado by driving up premiums and creating red tape for our hardworking and honest citizens,” said Attorney General Coffman. “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.”
Taylor allegedly made a series of three deceptive insurance claims from 2010 to 2015 and received tens of thousands of dollars in insurance payments. In 2015 he made a false police report and claimed someone had gone into his wife’s vehicle and stolen thousands of dollars of jewelry. He is alleged to have then made a false insurance claim based upon that false police report and received $9,918 from the insurance company before his fraud was uncovered.
The Attorney General’s Financial Fraud Unit is dedicated to the investigation of insurance fraud and securities fraud crimes. To report suspected fraud, contact the Attorney General’s Office at www.stopfraudcolorado.gov or by calling 1-800-222-4444.
The case has been filed in Garfield County. It is important to note that the filing of criminal charges is merely a formal accusation that an individual committed a crime. Every defendant should be presumed innocent until proven guilty.