Most people commit insurance fraud thinking that there are no victims. This is usually not the case. The victims are innocent and honest customers of the insurance companies that they choose to cheat. It is shown that every year companies lose millions of money in scams that the innocent customers have to pay. They have their premiums increased so that they can pay off the scams. There are many forms of insurance fraud orange County CA and if you witness any in progress you should report it.
The stolen car scam is one of the most common forms of fraud. This scam can be conducted by people in different methods. One is where they sell their car to a body shop and it gets cut into pieces and they report it as stolen. Since the body shop is in in on the scam the authorities never get notified about the sale of parts. People also sell their cars overseas with no paper work so they are not traced.
Car accidents can also be a scam. In most cases the victim who is the driver is in on the scheme. In other cases they shall even have the by standers who give their statements and the investigators are in on it. The investigators greatly inflate the value of the cars. In this case the payoff is for two cars that are completely totaled.
Another very common car scam is when damage their cars both intentionally and unintentionally. They then report the small accident to the company and they shall seek an amount to fix the damages. When they get this amount they never take the car to be fixed. They use the money for other things. This is the most common of all scams.
The health sector is also not an exception. The health care professionals are also in the scam. They will bill companies a great fee for a standard procedure. They might also bill them for services that were not even rendered. An example is when a patient goes in for a normal checkup but they will bill the company for a surgical procedure. Patients might not even be aware of this.
Billing high amounts is not the only way that they scam the companies. Sometimes they will conduct totally unnecessary procedures on their patients so they can bill the company. You might go to the doctor with an arm that is sore and the doctor will ask your for blood testing which is totally unnecessary and unrelated to your sore arm.
Homeowners are not left behind in this fraud. They will stage home fires and get the insurance money. There are two major ways that they do this. One of the ways is where the home owner will take all the important items from the house and then set it ablaze.
The other way is when a home owner makes sure the company knows about the expensive items in the house then destroys them. In most cases the home owner is not home and they can account for their whereabouts. They hire criminals to set the house on fire.
The stolen car scam is one of the most common forms of fraud. This scam can be conducted by people in different methods. One is where they sell their car to a body shop and it gets cut into pieces and they report it as stolen. Since the body shop is in in on the scam the authorities never get notified about the sale of parts. People also sell their cars overseas with no paper work so they are not traced.
Car accidents can also be a scam. In most cases the victim who is the driver is in on the scheme. In other cases they shall even have the by standers who give their statements and the investigators are in on it. The investigators greatly inflate the value of the cars. In this case the payoff is for two cars that are completely totaled.
Another very common car scam is when damage their cars both intentionally and unintentionally. They then report the small accident to the company and they shall seek an amount to fix the damages. When they get this amount they never take the car to be fixed. They use the money for other things. This is the most common of all scams.
The health sector is also not an exception. The health care professionals are also in the scam. They will bill companies a great fee for a standard procedure. They might also bill them for services that were not even rendered. An example is when a patient goes in for a normal checkup but they will bill the company for a surgical procedure. Patients might not even be aware of this.
Billing high amounts is not the only way that they scam the companies. Sometimes they will conduct totally unnecessary procedures on their patients so they can bill the company. You might go to the doctor with an arm that is sore and the doctor will ask your for blood testing which is totally unnecessary and unrelated to your sore arm.
Homeowners are not left behind in this fraud. They will stage home fires and get the insurance money. There are two major ways that they do this. One of the ways is where the home owner will take all the important items from the house and then set it ablaze.
The other way is when a home owner makes sure the company knows about the expensive items in the house then destroys them. In most cases the home owner is not home and they can account for their whereabouts. They hire criminals to set the house on fire.
About the Author:
If you are looking for information about insurance fraud Orange County CA locals can pay a visit to our web pages online here today. Additional details are available at http://www.cissinvestigations.com now.
No comments:
Post a Comment