Read the full article at https://www.linkedin.com/post/edit/6772156614993682432/  Read the last two issues of ZIFL here.
See the full video at https: //rumble.com/ve9d0t-a-video-about-zalmas-insurance-fraud-letter-march-1-2021.html and at https://youtu.be/gNQX7x2TxD0 Px19659005 ] Insurance fraud from insurance companies
Insurance fraud is not limited to fraud by policyholders against their insurers. To the shame of the insurance industry, the reverse is also happening.
The poster child for fraud from an insurance company was Martin Frankel, who created a system he had created to "plunder" more than $ 200 million from seven insurance companies he controlled. Franklin American Corporation and its wholly owned subsidiary Franklin American Life Insurance Company were controlled by another entity, a Tennessee trustee called the Thunor Trust. The Trust had acquired 85% of the shares in Franklin American in 1991. In the following years, the Thunor Trust acquired five other insurance companies, resident in the states of Mississippi, Missouri and Oklahoma.
Kickback Schemes Result in Multiple Insurance Fraud Convictions
Health insurers usually believe in the caregivers who send invoices to the insurers for the services provided to the persons they insure. Realizing that insurers are trying to act fairly and in good faith, amoral people in the healthcare profession will often be the scammers. But when practitioners become greedy, a prosecutor will be interested and may continue to prosecute caregivers.
In a long and detailed statement called Folket v. Gonzalo Ernesto Paredes, D076086, Court of Appeal, Fourth Appellate District Division One State of California (February 18, 2021) Paredes appealed the verdict after a jury found Gonzalo Ernesto Paredes guilty of 35 counts with offering or delivering compensation for employees' compensation for patient references and 16 bills to conceal an event that affects an insurance claim, insurance fraud.
New York State & # 39 ;s Legion of Shame  Good News from the Coalition Against Insurance Fraud
Coalition Against Insurance Fraud – February Fraud of the Month
] Videos on YouTube and Zalma on Insurance by Barry Zalma
Zalma on Insurance Videos
Other Beliefs on Insurance Fraud 19659005] New book: "The Time to Abolish the Damage of Bad Faith"
Consider Books to Show your estimate for your insurer customers or claimants
New and now available from Zalma Insurance Claims Library
© 2021 – Barry Zalma
Barry Zalma, Esq., CFE, now limits his practice to acting as an insurance consultant. on insurance coverage, insurance management, insurance fraud and insurance fraud almost equally for insurers and policyholders. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims lawyer and more than 52 years in the insurance industry. He is available at http://www.zalma.com and email@example.com.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 53 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become professional in insurance claims.
Go to the podcast Zalma On Insurance at https://anchor.fm/barry-zalma; Follow Zalma on Twitter at https://twitter.com/bzalma ; Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/c-262921; Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg; Go to the library for insurance claims – https://zalma.com/blog/insurance-claims-library/ Read posts from Barry Zalma on https://parler.com/profile/Zalma/ posts ; and Read the last two issues of ZIFL here.