Stupidity and greed are not good things.

Stupidity and greed are utterly unforgiveable... Read the following article:

Sammamish man charged in scam to `steal' car, get insurance money

2006-03-03
by Noel S. Brady
Journal Reporter

Prosecutors have charged a Sammamish man and three others with insurance fraud for an alleged scheme in which they conspired to steal his $50,000 BMW so he could cash in on an insurance claim.

Charging papers say Jake Henry Schwartz, 18, masterminded the scheme to steal and strip the 2002 M3 BMW so he could collect insurance money.

Police said he planned to buy a Bentley. To do that, he hired three adults and two juveniles to help him steal the luxury car, sell its parts for cash and torch the remains, charging papers state.

Schwartz is a son of the late John Henry Schwartz, who with his brother founded Schwartz Brothers Restaurants in Bellevue in 1970. Among the company's restaurants are Daniel's Broiler, Chandler's Crabhouse and Fresh Fish Market, and Bellevue's Spazzo Mediterranean Grill, which closed in May.

Prosecutors say Jake Schwartz approached 19-year-old Brenton Bowen in April with a proposal to help him with the plan to steal the BMW, which he regularly drove but was registered to his mother.

Reached at home in Sammamish Thursday, Schwartz's mother, Pamela Schwartz, refused comment.

Both Schwartz and Bowen were students at Skyline High School at the time of the scheme.

Bowen told detectives that Schwartz first suggested he and his friends steal the car while his family was vacationing in Mexico that month. On April 14, 2005, charging papers allege, Bowen and three others attempted the theft but broke into the wrong house.

Four days later Schwartz allegedly offered $500 in addition to parts salvaged from the car if Bowen could steal it that day from the parking lot at Spazzo in downtown Bellevue. Schwartz allegedly told Bowen the driver-side door would be unlocked and keys to the BMW would be in a beverage holder inside the car.

About 9:30 p.m. that evening Bowen took the car and drove it to Snoqualmie, where four other men where waiting to strip the car of its parts and set it on fire.

Snoqualmie police foiled the alleged plot about 11:30 p.m. when an officer came upon two men and two teenage boys removing parts from a the car in a secluded area known to be a dumping ground for stolen cars.

After they were arrested, charging papers say, three of the four gave written statements to the police that the theft of the BMW was part of an insurance fraud scheme.

When police arrested Schwartz the following day, they reported he was possessing three fraudulent Washington state driver's licenses. Schwartz was booked and later released from jail.

He and three other men are expected to be arraigned in the case in coming days.

Noel Brady can be reached at noel.brady@kingcounty journal.com or 425-453-4252.

Note: you know when your scheme has gone bad when you're away in Mexico and the people break into the wrong house...gee, doesn't that raise a red flag. Note 2: when a 19 year old kids hire 3 adults and 2 other teens, that should be an instant thought of "this is going to be a bad deal." Bosses aren't suppose to be 19, nor are they suppose to be rich kids who think they know it all-chances are, they don't. Note 3: Boy, a BMW M3 is 50 grand, you need 160 for the Bentley...you don't have 3 BMW M3's and you're not even driving an SL65AMG, what makes you think you can easily upgrade to a Bentley-and security/safety reasons for why is not goign to go well with your mother. Note 4: What have you taught your son? Note 5: If you had a trust fund, this wouldn't even be an issue. Note 5: Why is your kid going to public school, and at best, not even a the best public school that money can buy aka where do you live because it's not one of the 250 towns in the US. Note 6. Jesus people, whatever happened to morals, values, and ethics...what is sad, 500 additional dollars if they could do it faster-what the fuck, 500 bucks for additional parts-whoo hoo. Note 7: If you didn't get anyone from that famous law firm who reps the majority of a big corporate monopoly, then you better savior your last breath at home. Note 8: If I ever have a son this stupid, I may decide to A: hire someone to nick him (bad, and probably wouldn't think about it unless he killed someone) B. hire a private detective to follow him around for live. C. the most realistic answer, send him away to bootcamp-forever, or at least until he's 21 or something. D. the most most most realistic answer, if he has a trust fund or in any way will have access to money, it will all be frozen. SCHEME ON THAT BITCH-and that is precisely what I would say to him.