See the full video at https://rumble.com/vtsynk-true-crime-stories-of-insurance-number-10.html and at https://youtu.be / sRNjg_7fi7Y
True Crime Stories from an Insurance Fraud Expert
Barry Zalma, Esq., CFE presents videos to help you learn about insurance fraud and what it takes to deter or defeat insurance fraud. This video blog about true crime fraud insurance stories with names and places changed to protect the culprits are all based on surveys done by me and fictionalized to create a learning environment for claimants, SIU investigators, insurance companies, police and insurance fraud lawyers can be used to deter or defeat a fraudulent insurance claim.
For a person who is intended to commit an insurance fraud, two maxims become immediately clear:
- The insurance companies do not care.
- most adjusters and investigators would not know a scam if it presented itself to them with a sign that says, "I am a scammer."
Very successful, multimillion-dollar companies were created with these maxims in mind.
The most successful are fraudulent personal injury. It exists in almost every metropolitan community. Every perpetrator of personal injury fraud in cars varies the methodology somewhat.
Instead of isolated cases of fraud, they are run as a large business entity.
Greed and the dishonest lawyer
The people involved in staged car accidents are usually successful until they become greedy.
Prosecutors told the press that Davis started Total Medical Healthcare in the middle of the Wilshire area of Los Angeles under the name of his wife, Dr. Jody Hunter-Davis, as part of the scam. However, she did not practice medicine at the clinic and was not a suspect in the case. As part of the fraud plan, the signatures of doctors who worked part-time at the high-invoice clinic were forged.
Davis recruited Belshaw to pursue a false law practice that negotiated fraudulent invoices with insurance companies from September 1999 to April 2003. Belshaw failed to claim any of its revenue on the state income tax return from 1999 to 2001, officials at the State Franchise Tax Board said. Belshaw owes the IRS more than $ 31,600 in unpaid taxes, penalties, interest and the cost of the investigation, officials said. A repayment hearing is scheduled for August 12.
Had Belshaw limited the number and scope of fraudulent claims, he would probably still make fraudulent claims and earn a good living. Because he became greedy because he failed to report the money he earned from his criminal activities, he now lives in the gray bar hotel run by the state of California and can only wear an orange jumpsuit.
© 2022 – Barry Zalma
Barry Zalma, Esq., CFE, now limits his internship to the position of insurance consultant specializing in insurance coverage, handling insurance claims, bad faith and insurance fraud almost equally for insurance fraudsters policyholder.
He practiced law in California for more than 44 years as an attorney for insurance coverage and claims management and more than 54 years in the insurance industry.
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You can find the interesting podcast "Zalma On Insurance" at https://anchor.fm/barry-zalma; you can follow Zalma on Twitter at; you should watch Barry Zalma's videos at https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg/featured; or videos at https://rumble.com/zalma. Go to Insurance Claims Library – https://zalma.com/blog/insurance-claims–library/ The last two issues of ZIFL can be found at https://zalma.com/zalmas-insurance- fraud- letter-2 /