Search results
Results from the WOW.Com Content Network
As the amount fraudulently claimed from each victim is relatively low, some will give the scammers the benefit of the doubt, or simply seek to avoid the nuisance of further action, and pay the claim. The scam's return address is a drop box; the rest of the contact information is fictional or belongs to an innocent third party.
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
Proposition 103, titled Insurance Rate Reduction and Reform Act, was a California ballot proposition voted on in the 1988 California General Election. It passed with 51% of the vote on November 8, 1988. [1] Proposition 103 expanded the regulatory capacities of the California Department of Insurance, especially in property and casualty insurance.
For premium support please call: 800-290-4726 more ways to reach us
An advance-fee scam is a form of fraud and is a common confidence trick. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
"California has special rules related to insurance and deadlines that are designed to make it easier for you to collect all available funds after a total or partial wildfire loss," the nonprofit says.
But if there's any hesitation, the pitch changes quickly into a variation on the classic lottery scam, with the same caller now claiming he has an envelope with $275,000 or $277,000 awaiting the ...
The Bribery and Special Interest (BRISPEC) sting operation was a sting operation conducted by the Federal Bureau of Investigation that investigated corruption in the California State Legislature from 1986 to 1988. The operation, later known as Shrimpscam in the press, involved setting up dummy companies by the FBI.