According to a Pasco County Sheriff’s Office arrest report, the incident occurred in November 2019.
While Gadoury lives in Pasco County, he kept his boat docked to the north at a friend's place in Hernando County, the Times reported. According to the arrest report, the friend called Gadoury on Nov. 18 and told him the boat was "sitting low in the water."
The next day, Gadoury's friend said the boat had capsized. On Nov. 19, he called the Hernando County Sheriff's Office at 6:12 p.m. and asked for deputies to check on his boat, the Times reported. Seven minutes later, Gadoury allegedly called a Progressive Insurance phone line and had the insurance policy on his boat reinstated, the newspaper reported.
On Nov. 20, Gadoury called Progressive and filed a claim for the loss of his boat, according to the arrest report. In a Nov. 25, telephone interview that was recorded, Gadoury told insurers, the boat was "completely fine" and was not damaged when he bought the policy, the Times reported.
According to the arrest report, Gadoury insured the boat “while knowingly and intentionally providing false statements regarding the boat’s condition,” the arrest report said, and after a Hernando deputy confirmed it sank.