Would it vary from state to state? Would the whistle-blower be protected as far as privacy? Is there a place you can find out the answer to these questions?
2007-08-26 05:49:47 · 5 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Certainly there are penalties, both civil (paying back the fradulant gain) and criminal (go to jail for breaking the law by committing fraud). State laws vary, but I'm sure all cover something as common as this. This looks like a matter that you should report to the police. If you are at all involved, knew beforehand, or benefitted in any way from the fraud, you definitely need to go to the police before you are charged as an acccessory, accompice, or co-conspirator. Depending on how the case goes, your name may or may not be disclosed; there's no guarantee. I suggest you get this resolved while you still have options. If it's really serious, you should consult a lawyer right away -- before you contact the police. Good luck.
2007-08-26 06:02:46 · answer #1 · answered by nam_miles 6 · 0⤊ 0⤋
Jail time and penalty fees. The ironic thing is this--insurance companies commit fraud all the time against the American public on a daily basis.
Look at the Hurricane Katrina victims. Were the insurance companies ever held accountable? Why do the victims have to fight to be compensated for damages done by the Hurricane?
I'm quite sure there are countless examples that people can tell you. Do some research and you'll find that since insurance companies fund politicians, they will always side with making laws favorable to insurance companies.
2007-08-26 05:58:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The laws vary from state to state. Fraud is both a civil and criminal wrong. The perp would have to pay the money back, pay penalties, maybe spend some time in jail.
For the state you are inquiring about go to the web site for that state's insurance department.
2007-08-26 05:59:31 · answer #3 · answered by regerugged 7 · 0⤊ 0⤋
Oh, probably a little time spent with a lawyer would give you enough information to know that it would likely involve some prison time. Insurance fraud is nothing to mess around with. If it were, everyone would give it a try. That is why there is jail time.
2007-08-26 05:58:45 · answer #4 · answered by Julie H 7 · 0⤊ 0⤋
This link may answer all of your questions
2007-08-26 05:56:50 · answer #5 · answered by unknown friend 7 · 0⤊ 0⤋