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Norwalk man pleads guilty to running fraudulent hole-in-one prize insurance business

Kevin Kolenda, 69, admitted to a wire fraud charge in Bridgeport federal court, where prosecutors said he took premiums from golf tournaments and charity events and then refused to pay out when someone won.

A Norwalk man pleaded guilty in federal court in Bridgeport to a wire fraud charge stemming from what prosecutors described as a long-running fraudulent prize insurance business.

Kevin Kolenda, 69, owned and operated a group of companies doing business as Hole-in-Won, which sold insurance to organizations offering prizes at events such as golf tournaments and fishing contests, according to the U.S. attorney's office. The company's website called it "the most successful prize insurance company in the world."

Prosecutors said Kolenda instead defrauded dozens of organizations and people, many of them charities and civic groups, out of hundreds of thousands of dollars. Customers paid a premium to insure a prize — a new car for a hole in one, for example — and Kolenda kept the money if no one won, prosecutors said. When someone did win, they said, he used aliases, referred customers to a claims department in Washington, D.C., that did not exist, made excuses for delays, threatened bogus lawsuits and eventually stopped answering. Hosts often paid for the prizes themselves.

Neither Kolenda nor his companies were licensed to sell insurance, and regulators in a dozen states had ordered him to stop, prosecutors said. He has prior convictions in Connecticut, Montana and Washington state.

He faces up to 20 years in prison and is scheduled to be sentenced Dec. 15.

This brief was drafted by AI from a public agency press release and published by The New England Signal. Why we use AI for stories like this one.

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