HELENA, Mont., Sept. 22 -- The Montana Commissioner of Securities and Insurance issued the following news release:

State Auditor James Brown applauds federal prosecutors for securing a guilty plea from a Connecticut man previously convicted of insurance fraud in Montana. The conviction follows an investigation by the Montana Auditor's office and other state and federal law enforcement agencies.

In 2024, the Auditor's office received a referral from the Montana Chamber Foundation claiming the organization bought prize indemnity insurance from Kevin Kolenda's company, Hole-in-Won LLC, for the 2023 Governors' Cup Golf Tournament at the Whitefish Lake South Golf Course.

The insurance was supposed to pay $40,000 if a contestant made a hole-in...