Insurance

Accidently on Purpose

By Jim Gorzelany

CTW Features

Economic woes and double-digit unemployment are being blamed for a rash of staged auto accidents by criminals against unsuspecting motorists to line their pockets through fraudulent insurance claims.

Ten people were arrested earlier this year for their alleged involvement in an auto accident ring operating near Raleigh, NC The state’s Department of Insurance reports that five different insurance companies paid out a total of $76,217 because of fraudulent claims made by the group between August 2009 and January 2010. Similarly, six people in Miami-Dade and Naples, Fla. were recently charged with faking car accidents and billing...

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