Former financial loss adjuster jailed for insurance scam

A MACLEAN father with a "habit" of cashing hundreds of thousands in dodgy insurance cheques will spend at least the next two Christmases behind bars.

Andrew Oaten, a former financial loss adjuster, was working around Coffs Harbour and Grafton when he assumed a false name and made out a whopping 155 false insurance cheques.

In the name of Neville Sanders and N. Sanders, Oaten generated the Suncorp Insurance claims, provided an innocent business owner's ABN and then drew the money out of an ANZ account in his wife's name.

His actions eventually caught up with him last year when he was arrested and charged with several counts of fraud-related offences.

Court documents described Oaten who, up until the insurance scam, had a clean criminal record, as co-operative with police and remorseful for his actions.

He told the arresting officer the behaviour had become a habit, that he was in financial difficulty and has used the money to pay for holidays and house renovations.

He fronted the Lismore District Court on Thursday.

A Crown application for compensation was rejected but Oaten was jailed for a total of four years and nine months.

He will be eligible for parole in August, 2016.

CLARIFICATION: Previous coverage of this story made reference to Oaten using an ABN linked to a Yamba clothing store owned by Belinda Sanders. APN Newsdesk has since learned Ms Sanders was unaware the ABN was being used.