Two Stories of Insurance Fraud - Application Fraud and Claims Fraud
A Video that Explains that This Isn’t Fraud I Just Need to Save Money
Read the full article at https://www.linkedin.com/pulse/false-application-get-lower-premium-make-claim-always-barry and see the full video at https://rumble.com/c/c-262921 and at https://youtu.be/o0hvNHB9YAg and at https://zalma.com/blog plus more than 3850 posts.
Insurance fraud is not limited to fake claims. Most people don’t present claims. The basic principle upon which insurance is based require the many to pay small amounts so that the few can collect. If the risk is not spread fairly among the many, all suffer.
A broken tooth is a tragedy to most people. To the waitress a broken tooth was the beginning of a career.
The Fraud Division, noting that she was claiming only $650 concluded that the claim was too small to warrant the expenditure of investigative time. No one would investigate further, or prosecute, the waitress.
Rather than take further chances, she moved to another city where she continued in her new profession. She is probably having a fine meal in your town tonight.
A video from my book of fictionalized stories of insurance fraud in Insurance Fraud Costs Everyone available at amazon.com.
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