CA Auto Insurance Fraudster Nabbed in California: Vans and CA California Auto Insurance Quotes

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CA Auto Insurance Fraudster Nabbed in California

A subject from California was arrested after filing a false CA car insurance claim, giving false testimonies to authorities, & reporting a crime that never happened. He is currently booked at Santa Monica County & was able to secure a bail for his transitority release.

California Insurance Commissioner Steve Poizner issued a press Proceeds today informing the habitual that Tony Lu, 56, community of San Jose, was arrested 2 days ago after narrating a false business so he can make an auto insurance claim. In Nov last year, Sentry Insurance, a protection provider based in Orange Municipality, sought help from the Branch of Insurance after receiving a suspicious claim from Lu. They suspected that it was a fraud & had an investigation made about it. The provider reported that Lu fraudulently claimed that 1999 Toyota 4-runner he insured with the corporation was stolen at a restaurant in San Jose. Lu said his device was stolen one month before he filed for a claim & on October 16, 2008 reported the trouble to the San Jose Police Branch.

However, the statements he gave to Santa Clara County Local Auto Theft Task Impulse and Sentry Insurance were commence to be conflicting. Lu was forced in withdrawing his claim & did not get any reward from Sentry Insurance. The California Branch of Insurance (CDI) conducted an subject and alleged that Lu attempted to exercise his vehicle as collateral for a loan before reporting that it was stolen. The instance is forwarded to Santa Clara County Regional Attorney’s Office for prosecution.

By to statistics recently published by the Branch of Insurance of CA, policyholders who are caught in commercial troubles desperately try to purchase out of the situation by cashing elsewhere money from coverage. CDI besides reports that there are scammers who specialize in this sort of fraud.

CDI recorded an alarming 31 percent augmentation in suspected vehicle arson so fraudsters can list for claim.  In 2007, there were 344 referents made to CDI for suspected auto arson while figures rose to 451 at the end year. CDI reported that there were about 300 also suspected vehicle theft & arson in the whole California in 2008 than in 2007. 200 amassed suspected vehicle theft frauds were recorded ultimate year than its previous year.

Experts say that filing for robbery or accidents that never happened are due one type of insurance fraud. They add that production two or more claims for one injury, misreporting wage loss thanks to of accident, and inventing injuries are due some of the most typical vehicle insurance fraud. They add that if fraud cases go on to rise, it may substantially modify auto insurance premium.

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CA Auto Insurance Fraudster Nabbed in California
CA Auto Insurance Fraudster Nabbed in California

Category CA California Auto Insurance Quotes


CA California Auto Insurance Quotes-36
CA California Auto Insurance Quotes

California Auto Insurance Fraud Increases. The province of California has seen suspected California car insurance theft and arson fraud access over the past year in ...

California Car Insurance Frauds in CA USA. Steve Poizner, California's Insurance Commissioner lately reported that suspected insurance fraud cases in the province are on the rise. Poizner ...

California Auto Insurance Frauds Go Up. Insurance regulators & state authorities in California report a 31% aggrandizement in auto arson fraud cases owing to 2008. Reports ...

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