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Wendy and Edward Osefo Indicted and Arrested in Alleged Insurance Fraud Tied to Reported Burglary

Prosecutors cite refunds, security logs, a ring seen online as evidence of a false theft report.

Overview

  • A Carroll County grand jury returned indictments listing seven counts of insurance fraud, eight conspiracy counts and one count of making a false statement to police, according to court records.
  • Deputies executed arrest warrants and a search warrant at the Finksburg home, recovering at least 15 items that matched those the couple had reported stolen.
  • Investigators say more than $20,000 in purportedly stolen goods had been refunded before the April 7, 2024 report, and home alarm records showed no interior motion while the family was away.
  • Authorities say the couple filed claims with multiple insurers for an estimated $450,000 in losses; Travelers paid $25,380, including $4,500 for an anniversary ring later seen on social media.
  • Both were booked in Westminster and released after posting $50,000 bond each, with future court dates and pretrial proceedings not yet publicly scheduled.