Full Thread: Edgar Steele
View Single Post
Old March 16th, 2013 #3499
Donald E. Pauly
Banned
 
Join Date: Dec 2003
Location: Las Vegas
Posts: 4,130
Angry USAA Insurance Policy Cancellation

Cyndi filed a false theft report for $45,000 worth of missing silver with the Bonner County Sheriff in September 2010. This was four months after he was arrested. The report number is 10-016784 and I am working on getting a copy. There was NO missing silver. Steele had sold $55,000 worth in April in five installments and the five checks were produced in court. Fairfax testified that Steele gave him two 300 ounce installments which he sold. The two checks that he got were introduced into evidence. Fairfax NEVER admitted that he stole $100,000 in silver. This is a lie in the American Free Press interview.

If Steele had theft insurance in his homeowners coverage from USAA, Cyndi may have tried to file a false theft claim. USAA would not be very happy when they figured out that it was a fraudulent claim. They also might have cancelled the policy because it was a bad risk with 8,000 troy ounces of silver in the house. Steele's policy may indeed have been cancelled but not because Cyndi refused to divorce him.