Rye Settles Lawsuit Over Golf Course Fraud

RYE, NY - The City of Rye has settled a lawsuit against its insurance company for $1.55 million.

Travelers Casualty and Surety Company of America will pay the money to the city, according to an article at lohud.com.

Rye sued the company in June for $1.9 million because the insurance company did not pay back money stolen in a fraud scheme by Scott Yandrasevich, the former Rye Golf Club Manager.

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Yandrasevich was sentenced in August to one to three years in prison for stealing more than $270,000 from the golf course.

For more details on the settlement, read lohud.com here.

Photo: Scott Yandrasevich. Photo credit: Westchester County District Attorney’s office.