It does not matter if you have being forced by difficult economic times to commit crime. As the common adage states, ignorance of law is not a legit defense and, hence, you have to be sued and penalized accordingly. In Philadelphia, PA, though many white collar crimes have being report, insurance fraud has stood out to be quite rampant. As a result, companies have been swindled and many fraudsters have found themselves behind the bar.
It is important to note that many charlatans are not easy notice. They are cunning and they always come up with shrewd plans to hoodwink the company. This is why investigators must have a sharp mind too and have a intrusive mind to precisely question every detail. In fact, with a witty insurance fraud investigator Philadelphia companies can rest assured that fraudsters will not manage to swindle them. Established investigative entities and office of the attorney general can be of great help in this case.
The increase in fraudsters saw the Pennsylvania legislature in 1990 come up with a statute that declared this crime a serious one. With the strength of the provisions stated in the Pennsylvania Insurance Fraud Statute, it is now possible to charge the fraudsters and claim some penalties from them. $ 5,000 is charged for first offence while $10,000 is charged for the second. From the third offence and any that follows, $15,000 is claimed.
Being convicted or fined is the rightful penalty for fraudsters, one might say. However, it is important for everyone to take it upon themselves to report fraudsters to the investigative department. This is because the offense is not only committed against the company but also affects every citizen. Simply because, premiums have to be overcharged in order to provide enough cash for the fraud section to operate properly.
At the same time, if the fraudulent deals decrease, the cost of health care, goods, services and business expenses will decrease too. In addition, the money can be used for doing important things rather than reserving it to deal with crooked affairs. Recent reports show that the corrupt dealings are on the increase and so the premiums may be increased. To curb the increase, swindlers must be reported immediately.
This sort of fraud is experienced is almost every field of insurance. It can also involve any person involved in lodging a claim. This is why is not uncommon to see an agent sued and convicted, a policeman involved, a staff in the company in the mix, doctors, lawyers and many others. The investigator should, therefore, investigate whether all parties were involved and report those culpable.
Most fraudsters find a soft landing in auto mobile insurance. When it comes to car theft, they hide the car or make sale out of it and claim compensation. When it comes to accidents, they stage manage it and collide with doctors and police to place some runners in the report.
For health insurance, failure of proper investigation can see payments being paid for services not provided by doctors or extra charges paid. Apparently, fraudsters take advantages of any weakness in every field of insurance policies. Therefore, investigators cannot be ignored.
It is important to note that many charlatans are not easy notice. They are cunning and they always come up with shrewd plans to hoodwink the company. This is why investigators must have a sharp mind too and have a intrusive mind to precisely question every detail. In fact, with a witty insurance fraud investigator Philadelphia companies can rest assured that fraudsters will not manage to swindle them. Established investigative entities and office of the attorney general can be of great help in this case.
The increase in fraudsters saw the Pennsylvania legislature in 1990 come up with a statute that declared this crime a serious one. With the strength of the provisions stated in the Pennsylvania Insurance Fraud Statute, it is now possible to charge the fraudsters and claim some penalties from them. $ 5,000 is charged for first offence while $10,000 is charged for the second. From the third offence and any that follows, $15,000 is claimed.
Being convicted or fined is the rightful penalty for fraudsters, one might say. However, it is important for everyone to take it upon themselves to report fraudsters to the investigative department. This is because the offense is not only committed against the company but also affects every citizen. Simply because, premiums have to be overcharged in order to provide enough cash for the fraud section to operate properly.
At the same time, if the fraudulent deals decrease, the cost of health care, goods, services and business expenses will decrease too. In addition, the money can be used for doing important things rather than reserving it to deal with crooked affairs. Recent reports show that the corrupt dealings are on the increase and so the premiums may be increased. To curb the increase, swindlers must be reported immediately.
This sort of fraud is experienced is almost every field of insurance. It can also involve any person involved in lodging a claim. This is why is not uncommon to see an agent sued and convicted, a policeman involved, a staff in the company in the mix, doctors, lawyers and many others. The investigator should, therefore, investigate whether all parties were involved and report those culpable.
Most fraudsters find a soft landing in auto mobile insurance. When it comes to car theft, they hide the car or make sale out of it and claim compensation. When it comes to accidents, they stage manage it and collide with doctors and police to place some runners in the report.
For health insurance, failure of proper investigation can see payments being paid for services not provided by doctors or extra charges paid. Apparently, fraudsters take advantages of any weakness in every field of insurance policies. Therefore, investigators cannot be ignored.
About the Author:
When you want to know more about an insurance fraud investigator Philadelphia locals should go to our website today. Details can be seen at http://www.hopsonassociates.com now.
No comments:
Post a Comment