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CarShield, based in Missouri, has an A+ rating from the Better Business Bureau — but the company's BBB listing features more than 300 pages of complaints and a 1.6 out of 5 customer rating.
NRRM — which also operates American Auto Shield, the company that administers repair claims brought under vehicle service contracts sold by CarShield — agreed to a $10 million proposed settlement.
In case 1, Phillip Barry runs a Ponzi scheme in Brooklyn that scams over 800 investors of $40 million, resulting in a 20 year prison term. In case 2, Kevin Carney is running a Ponzi scheme in Chicago by claiming he invented a new stock trading computer program producing high returns. He scams $19 million and is sentenced to 13 years in prison. [30]
Auto-warranty scam. Most people don’t know quite when their car warranty or insurance is up, which is what makes this scam so universal. Here, the caller will impersonate your insurance company ...
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 ...
The state ranks number one in staged car accidents across the US according to the National Insurance Crime Bureau [18] [19] and is the most expensive state for auto insurance. Being a no-fault insurance state that requires a certain amount of personal injury protection for auto insurance, [ 20 ] insurance companies are required to pay up to ...
One of the four suspects arrested in connection to a January 2024 car insurance scam, who investigators said dressed in a bear costume and claimed the animal damaged three vehicles in Southern ...
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