Financial Fraud: Jack Benjamin Hessiani Sentenced For Scheming To Obtain Unemployment Benefits

Camarillo Man Sentenced to 14 Years in Federal Prison for Scheming to Obtain Unemployment Benefits Through Sham Companies LOS ANGELES – A Ventura County man has been sentenced to 168 months in federal prison for participating in a massive fraud scheme that used dozens of nonexistent companies to collect nearly $5 million in unemployment benefits …

Read moreFinancial Fraud: Jack Benjamin Hessiani Sentenced For Scheming To Obtain Unemployment Benefits

Insurance Fraud: DR. PAUL MADISON Convicted On Fraud Charges For Billing Insurance Companies

Insurance Fraud

Federal Jury Convicts Chicago Doctor on Fraud Charges for Billing Insurance Companies for Nonexistent Treatment CHICAGO — A federal jury has convicted a Chicago doctor on fraud charges for billing insurance companies for purported chiropractic manipulations that were never performed. DR. PAUL MADISON, an anesthesiologist and pain management specialist, owned Watertower SurgiCenter LLC, an outpatient …

Read moreInsurance Fraud: DR. PAUL MADISON Convicted On Fraud Charges For Billing Insurance Companies

Financial Fraud: Six Individuals Have Stolen Over $8 million From a Bank And an Insurance Company

Financial Fraud

Six charged in massive fraud & money laundering scheme Alleged to have stolen over $8 million from a bank and an insurance company Indianapolis – United States Attorney Josh Minkler announced federal charges against six individuals, including a former regional construction project manager for a bank, the owners of two different construction companies, the owner …

Read moreFinancial Fraud: Six Individuals Have Stolen Over $8 million From a Bank And an Insurance Company

Car Insurance Premiums Fraud

Insurance Car Fraud

Did you commit fraud when you bought car insurance? Americans might agree that auto insurance companies aren’t perfect in regards to deciding how much policyholders should pay in premiums. Most of all of us think our rates should be lower. Yet a study by insurance industry data collector Verisk Stats indicates that – at least …

Read moreCar Insurance Premiums Fraud

Health Insurance Fraud- What You Should Know

Insurance Fraud

Health insurance fraud represents one of America’s largest taxpayer rip-offs ever, costing Americans literally billions of dollars every year. Due to rampant deception, scams and abuse in the health care system, consumers are forced to pay the price–literally–through escalating medical costs and rising health insurance premiums. And government programs like Medicare and Medicaid, designed to …

Read moreHealth Insurance Fraud- What You Should Know

Financial Fraud: Glenn R. Fischer Pleaded Guilty In Million Insurance Fraud Scheme

Insurance Fraud

Ellicott City Man Pleads Guilty to Federal Charges in $4.4 Million Insurance Fraud Scheme Sold Victim Businesses Non-Existent Insurance and Used the Premiums Collected for His Personal Benefit Baltimore, Maryland – Glenn R. Fischer, age 70, of Ellicott City, Maryland, pleaded guilty on March 21, 2017, to wire fraud and aggravated identity theft arising from …

Read moreFinancial Fraud: Glenn R. Fischer Pleaded Guilty In Million Insurance Fraud Scheme

Insurance Fraud and Class-Action Lawsuits

Insurance Fraud

We take out insurance policies to protect ourselves and our families in the eventuality of a serious accident or injury. In a certain sense, insurance is a form of gambling: you’re betting a company that something bad will happen, and they’re betting against it. So it is especially egregious when an insurance company rigs the …

Read moreInsurance Fraud and Class-Action Lawsuits

Insurance Fraud: Yoisler Herrera-Enriquez Pled Guilty For Defrauded Automobile Insurance Companies

Insurance Fraud

Wyoming Man Fifth Person To Plead Guilty To Staged Automobile Accident Fraud The Fraud Ring Operated Three Therapy Clinics in Michigan from 2012 to 2015          GRAND RAPIDS, MICHIGAN — Yoisler Herrera-Enriquez, age 31, a massage therapist from Wyoming, Michigan, pled guilty in federal court today to conspiracy to commit mail fraud related to a …

Read moreInsurance Fraud: Yoisler Herrera-Enriquez Pled Guilty For Defrauded Automobile Insurance Companies

Which Are Insurance Adjusters Spot Fraudulent Claims?

Insurance Claims Fraud

Be vigilant in identifying insurance fraud by becoming familiar with the most common forms of fraud. This include Car “Stolen , Accident and Damage”, Health Insurance Billing Fraud, Unnecessary Medical Procedures, Staged Home Fires, Storm Fraud, Abandoned House Fire, Faked Death, Renter’s Insurance. Stolen Car There аrе twо ways thаt criminals perpetrate thе stolen car …

Read moreWhich Are Insurance Adjusters Spot Fraudulent Claims?

Financial Fraud: Patricia Diane Smith Sledge Convicted in Scheme to Defraud Insurance AFLAC Company

Insurance Fraud Felony

Former AFLAC Employee Convicted in Scheme to Defraud Insurance Company out of $4 Million through Bogus Disability Claims SANTA ANA, California – A former sales representative for AFLAC has been found guilty of federal fraud charges stemming from a scheme that bilked the insurance company out of $4 million with fake disability claims. Patricia Diane …

Read moreFinancial Fraud: Patricia Diane Smith Sledge Convicted in Scheme to Defraud Insurance AFLAC Company

Financial Fraud: Victor Hugo Soriano Guilty to Commit Mail Fraud in a Scheme to Defraud Insurance Companies

Defraud Insurance Companies

Modesto Man Pleads Guilty to Staging Car Accidents in a Scheme to Defraud Insurance Companies FRESNO, Calif. — Victor Hugo Soriano-Villafan, 26, of Modesto, pleaded guilty today to conspiracy to commit mail fraud in a scheme to defraud insurance companies, Acting U.S. Attorney Phillip A. Talbert announced. According to court documents, from October 2011 until …

Read moreFinancial Fraud: Victor Hugo Soriano Guilty to Commit Mail Fraud in a Scheme to Defraud Insurance Companies

Financial Fraud: Cristopher Santiago Guilty to Commit Mail Fraud and Scheme to Defraud Insurance Companies

insurance fraud

Stockton Man Pleads Guilty to Staging Car Accidents in a Scheme to Defraud Insurance Companies FRESNO, Calif. — Cristopher Santiago Sanchez-Becerra, 32, of Stockton, pleaded guilty today to conspiracy to commit mail fraud and admitted that he staged car accidents in a scheme to defraud insurance companies, Acting U.S. Attorney Phillip A. Talbert announced. According …

Read moreFinancial Fraud: Cristopher Santiago Guilty to Commit Mail Fraud and Scheme to Defraud Insurance Companies

Financial Fraud: Laquitta S. Brackins Sentenced For Mail and Wire Fraud by Defrauding a Cell Phone Insurance Provider

Insurance Fraud

Defendant Receives Lengthy Sentence for Cell Phone Insurance Fraud ATLANTA – Laquitta S. Brackins has been sentenced to federal prison for conspiracy to commit mail and wire fraud by defrauding a cell phone insurance provider.  Brackins, along with a co-conspirator, filed thousands of false insurance claims on cell phones that did not belong to them …

Read moreFinancial Fraud: Laquitta S. Brackins Sentenced For Mail and Wire Fraud by Defrauding a Cell Phone Insurance Provider

JOHN A. BARILE Was Sentenced For Insurance Fraud, Gambling and Extortion Offenses

Insurance Fraud, Gambling and Extortion Offenses

East Hartford Man Sentenced to 71 Months for Arson, Insurance Fraud, Gambling and Extortion Offenses Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that JOHN A. BARILE, 52, of East Hartford, was sentenced today by U.S. District Judge Alvin W. Thompson in Hartford to 71 months of imprisonment, followed by three …

Read moreJOHN A. BARILE Was Sentenced For Insurance Fraud, Gambling and Extortion Offenses

5 Insurance Scams That Made the Headlines

Insurance Scams

There’s a dark side to worldwide travel insurance – the fraud. The trouble is, it’s notoriously hard to disprove fraudulent claims – especially in the travel sector and hundreds of people get away with it every year. Indeed, it’s estimated to cost companies millions of pounds every year, and the extent of the problem is …

Read more5 Insurance Scams That Made the Headlines

Insurance Scam: Fake Auto Accidents

How tо protect уоurѕеlf frоm insurance fraud аnd staged auto accidents: Internet Scam In today’s issue, we’ll tеll уоu аbоut аn offline scam уоu mау nоt knоw аnуthіng аbоut thаt hаѕ reached epidemic proportions — аnd оftеn hаѕ ѕеrіоuѕ physical health, аѕ wеll аѕ financial, consequences. Plus, we’ll talk аbоut аn important developing trend іn …

Read moreInsurance Scam: Fake Auto Accidents

Insurance Fraud: What It Is?

Insurance Fraud

A Basic Overview The insurance industry consists of more than 7,000 companies that collect over $1 trillion in premiums each year. The massive size of the industry contributes significantly to the cost of insurance fraud by providing more opportunities and bigger incentives for committing illegal activities. Costs of Fraud The total cost of insurance fraud …

Read moreInsurance Fraud: What It Is?