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Stephan Kizer

Dyman Associates Insurance Group of Companies Tips: How to avoid being victim of insura... - 1 views

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    DALLAS - For years Frenchitt Collins worked as a legitimate insurance adjustor. He was able to pull off a major insurance fraud by luring in victims with ads. Ultimately Collins was sentenced to 15 years in prison and was ordered to pay $700,000 in restitution to his victims. "Those P.O. boxes were rented by him (Collins), his wife, his brothers, or his girlfriends," said Bodon. In order to attract clients with ads, he would go ahead and offer them $100 or $200 to use their identifiers. Once that information was received, Collins went ahead and completed medical forms necessary and sent them to insurance companies. The goal of these ads was to lure in more victims. Insurance companies would then send Collins checks, lots of checks. Federal officials said insurance fraud is a $30 billion business in the U.S. "It is very lucrative for the criminal to perpetrate the crime because it's low risk and it's high reward and they know that," said Fred Lohmann of the National Insurance Crime Burea.
Stephan Kizer

Dyman Associates Insurance Group of Companies: 10 Insurance Mistakes to Avoid in 2015 - 1 views

At least a few of the 365 days in 2015 will include a calamity or two for your bank. Many will be small. A few might be large. Some that start small might morph into large. Make sure your bank's ...

dyman associates insurance group of companies 10 insurance mistakes to avoid in 2015

started by Stephan Kizer on 08 Dec 14 no follow-up yet
Stephan Kizer

Dyman Associates Insurance Group of Companies News: First-hand experience (almost) with... - 1 views

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    On May 28 of this year, Philadelphia District Attorney R. Seth Williams charged a South Philadelphia auto body shop owner named Ronald Galati, Sr. and a group of 40 co-conspirators in a nearly $5 million insurance fraud scheme. These charges were the result of a 16-month Grand Jury investigation of American Collision and Auto Center at 1930 S. 20th St. According to prosecutors, Galati would stage single-vehicle accidents because insurance companies consider them "no-fault" and routinely pay the claims without raising the car owners' premiums. According to Grand Jury witnesses, Galati would say, "I live my life to cheat insurance companies." Among those arrested were a former Philadelphia police officer, Douglas DiEmidio, and a mechanic with the city's Office of Fleet Management, Robert Otterson.
Stephan Kizer

Dyman Associates Insurance Group of Companies Tips: Be Careful Where Personal Informati... - 1 views

BBB warning - be careful where personal and financial information is shared TUCSON, AZ (Tucson News Now) - On July 23, law enforcement officials arrested seven suspects, from Russia to New York, a...

be careful where personal and financial information is shared dyman associates insurance group of companies tips

started by Stephan Kizer on 03 Sep 14 no follow-up yet
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