A Fictionalized True Crime Story 

“The Hawaiian”


Read the full article at https://www.linkedin.com/pulse/video-explaining-how-insurance-fraud-cost-everyone-zalma-esq-cfe and see the full video at https://www.youtube.com/watch?v=SsHNhpEsGNg&feature=youtu.be and at https://zalma.com/blog plus more than 3600 posts. 


One of many Fictionalized True Crime Stories of Insurance Fraud from an Expert who explains why Insurance Fraud is a “Heads I Win, Tails You Lose” situation for Insurers. The stories help to Understand How Insurance Fraud in America is Costing Everyone who Buys Insurance Thousands of Dollars Every year and Why Insurance Fraud is Safer and More Profitable for the ­­­Perpetrators than any Other Crime. As you read the story and watch the video I hope they help you understand the effect that insurance fraud has on all of us.


The Hawaiian


The insured was a contractor in Honolulu. He created fraudulent jewelry appraisals and attempted to defraud his insurer. After a thorough investigation the adjuster proved the fraud to the insurer’s satisfaction and “wrote a simple brief, letter to the insured stating as follows: ‘Your claim is denied because it was presented by you with the knowledge that it was false and fraudulent.’”