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Have you been a
victim of
Insurance Fraud
or
charged with Insurance
Fraud in Virginia?
Have your rights in Virginia
been violated? Have you been falsely accused?
Contact Us
immediately
for a FREE case evaluation and answers
to your questions Find out
if you have a case in Virginia and what
to do if you do.
Virginia Insurance
Fraud:
- A deception deliberately practiced in order to secure unfair or unlawful
gain.
- A piece of trickery; a trick.
- One that defrauds; a cheat.
- One who assumes a false pose; an impostor.
Insurance Fraud is a felony punishable by up to five years in state prison and a
$50,000 fine.
Did You Know?
Insurance fraud is among the most costly white collar crimes in America.
According to a 2000 study by Hartford, Conn.-based Conning & Co., insurance
fraud costs the American public $96 billion dollars annually in increased
premiums.
And that tab includes only the direct cost of insurance, not the
consequential higher prices for consumer goods and services. A report by the
Association of Certified Fraud Examiners in 1996 estimated that such
consequential costs could range as high as $530 billion.
Source:
AAA
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