Widespread Claims Undertaken By Insurance Fraud Investigator Philadelphia

By Linda Ruiz


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.

To decode if a transaction is fraudulent could be a hard nut to crack since some fraudsters are quite cunning. It is only a person who is good in people skills, meticulous to detail and has an inquisitive mind that can crackdown the unscrupulous deals. Such a person will follow the proceedings of the claim carefully and draw the right conclusion. Therefore, for a reliable insurance fraud investigator Philadelphia residents should seek the hand of staffs in the fraud section of the attorney general or renown investigative entities.

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.

Although fraudsters will suffer deserved consequences for their dishonest acts, there are many reasons why it's the responsibility of every person to report them to relevant authority. One of the reasons is that one pays higher premiums just because the companies have to cater for this risk. For every dime paid as premium, a percentage of it has to be taken to the Fraud section to cater for investigation.

Fraudulent deals also come back to haunt citizen since they indirectly influence the cost of services, goods, health care as well as business expenses in a negative way. After all, the reserved cash can be used or saved for other productive roles. Incredulously, this type of crime keeps on going up and up and this means that premium and other costs will also increase. It is for this reason that every person has to report the crime immediately it is noticed.

All types of policies can be invaded by these deceitful people. Even those that one may not think of can be culpable of filling dubious claims. This is the reason why every person concerned with the filing must be investigated since it sometimes takes collisions for a fraud to happen. In most case, the insured together with colluding law enforcers, lawyers, doctors and unscrupulous staffs are caught by the dragnet.

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.

Health care insurance is the other policy that has not escaped the minds of fraudsters. In most cases, the doctors are held culpable of billing for services they did not undertake or overstating their bills. Generally, there is no any field of insurance policies that can escape the eye of fraudsters. They look for every opportunity to hoodwink the companies and that is the primary reason that calls for a fraud investigator.




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