Tough economic times could be blamed for forcing several people to engage in dodgy deals but crime remains crime. After all, there is no known defense for crime; even ignorance is not. Insurance fraud is one of the white collar crimes that has become a major talking point in Philadelphia, PA. It has lead to duping of several companies, where successfully managed, and jailing of many people, where noticed in time.
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 legislature of Pennsylvania considers these types of frauds to be serious crimes since 1990 and law have been set to cub the menace. The penalties to be charged for these offences are stipulated in the Pennsylvania Insurance Fraud Statute and vary with the sequence of crimes committed. For the first and second offense the civil penalties are $5,000 and $10,000 respectively and each subsequent offence attracts a $15,000 penalty.
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.
Fraudsters find it easy to get away with automobile insurance claims. With the help of the corrupt policemen and doctors, it's so easy to file a successful claim if investigators are not involved. All one needs is to hide the car, lodge a claim for vehicle theft and sail through quite well is though investigation is not undertaken. It is also possible to stage manage an accident, call the police, get a report, bribe an unethical doctor and get away with a hefty amount if thorough investigation is not undertaken.
Health insurance policies are others that are marred with fraudulent deals. The doctors may overcharge the patients and may sometimes claim payment for services they did not provide. Basically, every field has inroads that fraudsters can use to get undeserved cash. It is a crazy world altogether and that's why the services of these investigators is so much needed.
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 legislature of Pennsylvania considers these types of frauds to be serious crimes since 1990 and law have been set to cub the menace. The penalties to be charged for these offences are stipulated in the Pennsylvania Insurance Fraud Statute and vary with the sequence of crimes committed. For the first and second offense the civil penalties are $5,000 and $10,000 respectively and each subsequent offence attracts a $15,000 penalty.
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.
Fraudsters find it easy to get away with automobile insurance claims. With the help of the corrupt policemen and doctors, it's so easy to file a successful claim if investigators are not involved. All one needs is to hide the car, lodge a claim for vehicle theft and sail through quite well is though investigation is not undertaken. It is also possible to stage manage an accident, call the police, get a report, bribe an unethical doctor and get away with a hefty amount if thorough investigation is not undertaken.
Health insurance policies are others that are marred with fraudulent deals. The doctors may overcharge the patients and may sometimes claim payment for services they did not provide. Basically, every field has inroads that fraudsters can use to get undeserved cash. It is a crazy world altogether and that's why the services of these investigators is so much needed.
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