State lets tow firm off the hook in fraud claims

By Rob Perez

POSTED: 01:30 a.m. HST, Feb 12, 2013

~~<p>The state has decided not to prosecute Stoneridge Recoveries, the controversial vendor that had the city's most lucrative towing contract for eight years, on allegations of insurance fraud.</p>
<p>The Department of Commerce and Consumer Affairs, which in 2010 launched a criminal investigation into Stoneridge's pricing practices on police-initiated tows, decided recently to take no action against the company.</p>
~~

The state has decided not to prosecute Stoneridge Recoveries, the controversial vendor that had the city's most lucrative towing contract for eight years, on allegations of insurance fraud.

The Department of Commerce and Consumer Affairs, which in 2010 launched a criminal investigation into Stoneridge's pricing practices on police-initiated tows, decided recently to take no action against the company. Login for more...