filed in Insurance News on Dec.18, 2008
Or tries to. Anthony Myers Sr. of Mt. Olive New Jersey recently pleaded guilty to falsifying reports of his sons death in 2006. Its unclear how insurance agents found out about the fraud, but the son lives with his mom in North Carolina so I’m sure there were lots of trails. However, is appears he’s [...]
filed in Insurance News, International Insurance News, Scammers Exposed on Dec.17, 2008
In the news right now is the outrage over the latest in Wall Street scams to hit the street, but this one could be by far the biggest in history. Bernie Madoff allegedly conned wealthy and supposedly sophisticated investors out of $50 billion in a Ponzi scheme. And a number of these investors were insurance [...]
filed in Insurance News, Scammers Exposed on Dec.12, 2008
A CHP sergeant deciphered the ledger book of a Sherman Oaks lawyer under suspicion for insurance fraud. It was key to breaking a longtime, 1 million dollar insurance fraud ring. The ledger was owned by Hamid Taghizadeh, a 46 year old lawyer. He’s charged with over 80 counts of felony, from fraudulent and falsified claims [...]
filed in Insurance News, Scammers Exposed on Dec.10, 2008
Texan Brenda Buckaloo-Merchant was sentenced to 12 years in prison for embezzling more than 1.2 million dollars from Unitrin Insurance. She wrote checks from Unitrin to a fictional health insurance provider who was, in fact, he. Its a first degree felony in Texas. I wonder how she got caught, but it seems a pretty silly [...]