Insurance Fraud – Bold and Big

Anyone who thinks insurance is a dull industry is not familiar with the recent fraud schemes, so it is great to turn into a shocking adventure movie.

Such capers are the accident plan carried out by the Ringleader William family Muz. Mize goes out of his way to get the allegedly injured passengers of the vehicle in fact injured in a intentional accident. In fact, their damage is caused by self-wear, sandpaper opening the wound, applying urine, and breaking the teeth with forceps. For several years, Mize has carefully planned six accidents each year until he is arrested. He has been in the woods for several years and recently discovered Arrestednow doing it time.

A sadder story that reminds people of 1971 Movie “The gang that can’t shoot directly,” one of the young Robert Deniro imitates the priest and a California man imitates the bear. The bear man wears a bear suit while crawling and destroying the interiors of Rolls-Royce Ghost and other luxury cars. The mob asked the insurance company for $142,000. Bold scams captured Tape Submitted by members of the Bear Gang to members of the insurance company, the company is considered a scam.

Although insurance fraud through animal imitation can be an anomaly, the recent discovery of the landscape fraud scheme of Bichon or Metz. In fact, these options are so large that all insurance buyers are responsible for significantly increasing the premium.

The business line that was most affected by the staged accident was Commercial Auto Liability Insurance, which covers truck fleets and truck companies to cause physical harm to third parties. Insurance fraudsters will attract the product because the injury (or suspected injury) in accidents involving trucks and other commercial vehicles can be very serious, which is justified, demonstrating a large court award or settlement. The most common scam is the accident that took place, a La Mize.

This fraud involves aSlam,” he deliberately hit a large truck with his vehicle. The car with a slam had several passengers, who were in cahoots with the attorneys who filed the claims and lawsuits. The passengers were medical providers directed by co-law attorneys, who Unnecessarily expensive surgery was performed, overcharging them, or doing nothing except for producing counterfeit bills for unserviced service bills. This phenomenon has reached an almost mobile proportion, especially New York and Louisiana. A recent case even involved murder Ring members turned to FBI witnesses who investigated the scam.

For a long time, the practices related to installment accidents and Phantom Damage compensation have been the source of claims for insurance companies to leak. Phantom Loss is the difference between the cost of billed medical services and the cost of actually provided medical services. For example, a curved medical institution could bill for fictional imaging and perform several back surgeries in six figures without medical procedures. In order for phased accident planning to work, cooperation must be carried out between community lawyers, medical providers, participants in the program and planners. It was allegedly a complicated scam in two recent lawsuits against rackets and corruption (RICO). One is civil litigation On December 17, 2024, it was held by the United States Transportation Insurance Corporation (ATIC) in the Eastern District Court of New York. The plaintiff seeks $153 million in compensatory damages and $459 million in triple damages. The 698-page lawsuit is called 186 defendants. In January 2025 it is Report The 141 defendants agreed to settle.

In January 2025, ride-sharing company Uber brought 60 pages Set Against three plaintiffs’ law firms, allegations they colluded with medical providers to “use so-called or actual secondary vehicles to impact passengers and provide them with medically unnecessary and/or casual unrelated treatment.”

Insurance fraud is not without victims. The scale of the program targeted by recent RICO lawsuits suggests that insurance fraud may be a major organized crime. When health insurance fraud, false travel and fall, and compensation insurance fraud for fake workers are added to commercial car fraud, some source It is estimated that more than $300 billion of reported insurance claims are fraudulent.

Just as we were before article In terms of insurance fraud, major research has found that older generations (45 years and older) have more compatibility with stealing from insurance companies. The younger generation has fewer doubts about cheating claims. But as older workers grow older, they will be replaced by young accomplices who are more comfortable depriving the insurance company.

Insurance fraudsters usually call them “No victims. “In addition to fraudulent insurance companies, the cost of insurance fraud is also borne by honest insurance buyers, whose premiums are driven to higher fees to compensate for stolen things. In the time of insurance buyers and Congress Hearing Focusing on insurance affordability is being held, efforts to combat insurance fraud must be high on the policy prescription list.

theme
Fraud