8 extreme cases of insurance fraud
Scamming an insurance company can be done in various ways, from phony slip-and-falls to faked deaths. Ultimately, honest consumers and businesses pay for it.
VIDEO ON MSN MONEY
Two of the biggest rip off's of the american public in the united states is car insurance and flood insurance. And who allows it, that right the congress man or woman that you elected and sent to washington D.C. who are now millionairs.
Why you never show insurance fraud people..c'mon insurance companies are the biggest froud.
I'm tire paying insurance for everything and when you really need them they cheat on you.
Benjamin Galan, of Deer Park, NY, was arrested by Suffolk County DA Thomas Spota’s Office and charged with felony fraudulent practices for violating Sect. 114 of the Workers’ Comp. Law.
New York State Insurance Fund Executive Director David Wehner said the arrest followed an investigation by the Suffolk DA’s Office and NYSIF Division of Confidential Investigations based on information that Galan was allegedly unlawfully receiving workers’ comp. benefits.
According to investigators, Galan filed a work-related back injury claim while working as a heating and air conditioning technician in 1972. Galan continued to receive weekly workers’ comp. benefits for the injury, during which time he repeatedly certified having not returned to work in numerous forms he submitted to NYSIF.
Suffolk authorities only recently learned that Galan allegedly had gone back to working as a heating and air conditioning technician for several years while using the ID of his deceased brother, David Galan.
Galan allegedly unlawfully received $98,686 in workers’ comp. payments from NYSIF during that time.
This man was able to obtain a drivers license, SS# etc, with only his dead brother's birth certificate- get this-the poor brother died when he was just a young boy. This crook worked under both names for many years, even filing IRS tax returns, collecting unemployment as well.
This is a drop in the bucket compared to those bailouts the banks had!!!
Ill tell you what why not the government in scamming all of us and any company making money is in it with them as well think about it. Remember the ball out money the banks got from the government, was that money to help them because people could not pay their mortgage payment right well why didn’t the people get the money so they could at least pay their mortgage payment and start down sizing right., but instead the banks got it from the government and they pissed it away. And we the people got no mortgage payment paid or any credit towards anything at all they used the money to get bones checks and make shore they could kick us out of the houses that they approved us for and to think where did that money come from in the first place. ( Yea if the founding fothers where hear now they woud think this is not what they had planed for the people of this grate nation.)
I'm thinking of the NYC fraud case where the owner of several buildings insured them against terrorists attacks, just a short time before one happened, then got paid without a proper or thorough investigation.
Insurance is just a numbers racket that estimates the odds against you and then forces you to bet against your own luck. They get to factor in whatever profit margin they want, legally. Kind of like a lottery I'd say. Win win for them. It must be nice to be able to legally operate a business like that.
If you don't like insurance companies or their practices, don't do business with them. This also applies to banks.
JUST LIKE GEORGE AND HONG YI of FREMONT,CA
BOTH OF THEM WHERE NOT HURT.
BUT THE VERY SECOND THEY HEARD OTHER PARTY WAS NOT AT FAULT, HONG YI SCREAMED THAT SHE WAS GOING TO SUE INSURANCE COMPANY,
AND THEY DID JUST THAT
BUT CLAIMED INJURY WHEN THEY FOUND OUT LAWERS WILL NOT TAKE THE CASE UNLESS THERE IS ENOUGH MONEY IN IT
FIRST LAWER DROPPED THEM
BUT THEY FOUND ANOTHER SCUMBAG THAT WOULD TAKE THE CASE
AND THERE ARE PLENTY OF THEM, SINCE MOST INSURANCE COMPANIES WOULD RATHER SETTLE THAN FIGHT FRAUD
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