Police: Woman torches luxury car to collect insurance money | Crime
Lake Placid, Florida -- A Highlands County woman is facing felony insurance fraud charges after detectives say she torched her 2011 Jaguar XF to claim the insurance money.
Investigators say 45-year-old Tracy Reed called the Highlands County Sheriff's Office to report her car had been stolen from her home. Later that day, deputies located the vehicle, burned at the corner of Morningside Drive and Morning Mist Avenue in Lake Placid.
Detectives have since determined the fire was intentionally set and have charged Reed with arson, grand theft, and insurance fraud. Reed was released from the Highlands County Jail on $42,000 bond.
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