The Fraud Report

Repeatedly Burning Furniture Earned Scammers Millions

Trace America — Fri, 18 May 2012 20:12:52 +0000

We’ve all heard the saying “if it aint broke, don’t fix it.” Well, some Florida scammers, as part of a $1.4 million insurance scheme, did just that, with a little twist to it anyway, running an insurance con that they started back in 2007 involving renter’s policies, second hand furnishings, and what appears to be [...]

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NJ Police Chief Guilty of Misconduct, Insurance Fraud

Trace America — Thu, 17 May 2012 20:23:06 +0000

Back in October we brought you the story of a Hackensack Police Chief, Ken Zisa. He once led Bergen County’s largest police department and is an heir of one of the town’s most well-known political dynasties. He has now fallen from grace however, because he is facing up to 23 years behind bars after being found [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Golf Tournament “Insurer” Charged with Fraud after Refusal to Honor Hole-in-One

Trace America — Thu, 17 May 2012 20:04:57 +0000

One Montana man was probably very excited when he won a special prize from a golf tournament back in August of 2010 for sinking a hole-in-one. He’s much less excited now however, because he has yet to receive the money. According to krtv.com, Troy Peissig shot the hole-in-one at a Missoula Country Club golf tournament, [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

NJ Man Admits to Being “Runner” for Chiropractor

Trace America — Tue, 15 May 2012 19:27:17 +0000

A Perth Amboy man has been sentenced to state prison for illegally soliciting patients for a local chiropractic center. According to the Office of the NJ Attorney General and the Woodbridge Patch, Jimmy Tovar, 36, received three years in prison from Superior Court Judge Bradley J. Ferencz in Middlesex County. He admitted that he was [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

CA Dentist Arrested for Insurance Fraud

Trace America — Mon, 14 May 2012 20:48:24 +0000

Beverly Hills often brings up images of huge mansions with beautiful sparkling swimming pools, gorgeously landscaped lawns, and several fancy cars in a large driveway. It often does not bring up images of insurance fraud; but one Beverly Hills dentist to the stars may be changing that. According to the Beverly Hills Patch and the [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Captain Accused of Sinking $1.86 Million Yacht

Trace America — Fri, 11 May 2012 18:45:10 +0000

A boat captain from Miami has been arrested for first-degree grand theft for stealing a $1.86 million yacht and then sinking it in the Bahamas three years ago. According to authorities and NBC News, Robert Figueredo, 49, of Miami was arrested on May 7th by detectives from the Florida Department of Financial Services’ Division of [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Two CA Residents Arrested Due To Arson Related Fraud

Trace America — Thu, 10 May 2012 19:09:29 +0000

The California Department of Insurance issued a news release on May 10thannouncing the arrests of Max Astan, 61, and Maryann Khosravizadeh, 45, for multiple felonies related to an arson fire that destroyed some property which was owned by Astan. Astan’s bail has been set at $1,000,000, while his alleged accomplice had bail set at $325,000. “The [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Questionable Slip-and-Fall Claims Rise 12%

Trace America — Wed, 09 May 2012 19:33:19 +0000

Small retailers are most likely struggling in this economy, but they now also have something else to worry about; being the prime targets for a slip-and-fall injury. According to The Wall Street Journal, slip-and-fall injuries are one of the most popular examples that the insurance industry uses to describe fraud. The phrase alone brings up [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Gov. Scott Signs Changes to Florida PIP Laws

Trace America — Tue, 08 May 2012 19:19:31 +0000

On May 4th, Florida’s Governor Rick Scott signed the bill that modified the state’s auto-insurance laws. It’s a move that he and lawmakers say will stamp out fraud and reduce the cost of no-fault insurance to motorists. We’ve never heard that before. “By helping reduce fraudulent auto-accident claims, this legislation will benefit the pocketbooks of [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!

Murder-for-Hire Scheme Gets Two Men Life in Prison

Trace America — Fri, 04 May 2012 18:31:01 +0000

About a year ago we brought you the story of Asia Harris, who was fatally shot by a man who was hired by her husband. And although it can’t bring her back, Harris’ family may have gotten at least a little peace on May 2nd, when the two men pled guilty to their crimes. According [...]

You are reading an article from The Fraud Report blog, presented by Trace America. Visit our website today for more information about how to fight fraud!