See the full video at https://rumble.com/v11bte9-true-crime-of-insurance-fraud-video-number-56.html?mref=6zof&mrefc=2 and at https://youtu.be/ECfhw1sMM40
Wee Willy never intended to be a criminal. His ambition in life, from the age of three, was to be a meat cutter like his father. Willy went through high school with a stable “C” cut. He knew that as a meat cutter he only needed a steady hand. Literature and mathematics had no interest in him.
As a child, he visited the store where his father worked and watched sides of beef turn into chops, steaks and burgers with captivating attention. His father, he thought, was an artist who turned ugly pieces of dead animals into beautiful and delicious food. His ambition was to be the meat cutter’s Picasso.
When Willy graduated from high school, his father helped him join the meat cutters as an apprentice. He started his career at a Piggy Wiggly market in the neighborhood. As an apprentice, Willy was ordered by a companion butcher. An apprentice’s duties included sweeping the cuttings, collecting the excess fat so that it could be sold to the cleaner, and lifting and carrying carcasses to the journeyman.
During slow days, the companion let Willy practice the giant band saw. Willy was happy. Even as an apprentice in meat cutters, he did what he always wanted to do. He was learning his trade. He could also bring some filet mignon to his girlfriend’s dad. When her father was happy with Willy, his girlfriend was even more loving.
Willy had equipped his house from the local Goodwill store. When his house was rebuilt, he had a brand new house worth twice as much as when he bought it, completely furnished with new furniture from quality stores. He immediately released the house on the market and made a profit of $ 100,000. With the money, he bought his car and bought a brand new Corvette, a gold and diamond ring and a Rolex President with a diamond face. He gave his old Rolex to his father.
Life was good. Willy decided to go into business for himself. He would become a builder. He went to the contractor’s licensed school for a day and learned enough to pass the test and become a licensed entrepreneur. Willy was in business for himself. He really did not have to work. He would use the contractor’s license to make more money on the insurance. All construction work he did would be paid for in full by the insurance company.
Willys’ two domestic insurance companies were members of the National Insurance Crime Bureau (NICB) and the ISO All Claims database; It was not Lloyd’s.
When each insurer filed its Willys robbery report, ISO and NICB notified both insurers of the second claim, which appeared to be similar to their claim.
Each insurer had a special fraud investigation unit (SIU). The SIU investigators contacted each other and found that the two statements were identical and based on the same assessments. Lloyd’s, through its independent investigators, also used the All Claims database and the adjusters for the three insurance companies shared information about Willy’s claims.
Within six months, Willy fell off an oil tank and broke his leg in three places. Even though it hurt a lot, Willy was happy. He received work injury compensation again and with his health insurance his home salary tripled.
He knew that his leg would heal slowly and he could enjoy a leisure life that was paid for by all the other stupid people who bought a work injury insurance but who did not benefit from it like Willy.
(c) 2022 Barry Zalma & ClaimSchool, Inc.
Barry Zalma, Esq., CFE, now limits his internship to the position of insurance consultant specializing in insurance coverage, insurance claims handling, insurance bad faith and insurance fraud almost equally for insurers and policyholders. He practiced law in California for more than 44 years as a lawyer for insurance coverage and claims management and more than 54 years in the insurance industry. He is available at http://www.zalma.com and firstname.lastname@example.org.
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