They'll Never Know

Lori Power

Description

Stranger than fiction, it seems, sometimes, that insurance and criminal behavior go together like hand in glove. And like the most outrageous crimes, its hard to believe what people imagined they'd get away with any of these schemes.

Psychologically, people’s relationship with insurance is a complex, emotional journey. In reality, the simplistic, uncomplicated manner of insurance is a beautiful thing. It is designed like a lottery that always pays when a specific future risk element is incurred. And yet, time and again, there are an abundance of illustrations showing abuse and gratitude working in kind, usually fueled by an entitlement attitude that they’re somehow going to scheme to take more. These are their stories.

Sujets

• Droit et juridique
• Fraud
• Insurance
• Money
• Crime
• Law

Informations

• Publié par: Archway Publishing
• Date de parution: 04 novembre 2022
• Nombre de lectures: 0
• EAN13: 9781665732673
• Langue: English

Extrait

THEY’LL NEVER KNOW
 
SUMMARY OF SOME OF THE BEST AND WORST KNOWN INSURANCE STORIES ACROSS THE DECADES.
 
 
 
Lori Power
 
 
 

 
 
Copyright © 2022 Lori Power.
 
All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the author except in the case of brief quotations embodied in critical articles and reviews.
 
This book is a work of non-fiction. Unless otherwise noted, the author and the publisher make no explicit guarantees as to the accuracy of the information contained in this book and in some cases, names of people and places have been altered to protect their privacy.
 
 
Archway Publishing
1663 Liberty Drive
Bloomington, IN 47403
www.archwaypublishing.com
844-669-3957
 
Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.
 
Any people depicted in stock imagery provided by Getty Images are models, and such images are being used for illustrative purposes only.
Certain stock imagery © Getty Images.
 
ISBN: 978-1-6657-3268-0 (sc)
ISBN: 978-1-6657-3267-3 (e)
 
 
Archway Publishing rev. date: 11/4/2022
CONTENTS
Disclaimer
Introduction
1.    A Titanic Conspiracy—Could This Have Been the Largest Insurance Fraud in History?
2.    Time Immoral
3.    The Disgusting History of “Insurance” Underwriting Slavery
4.    Genocide and Life Insurance, World War II
5.    9/11 Insured Payouts
6.    When Insurance Money Is Used to Fund Terrorism
7.    Why Are Pirates Called “Pirates”? Because They Arrrrrrre!
8.    Guaranteed Ransom or No Concessions
9.    When Life’s the Bomb …
10.   The Drug Mule
11.   The Insanity Plea
12.   That “Sinking” Sensation
13.   No Body—No Dough
14.   Hell or High Water … Maybe Both
15.   A Jaws Opportunity or a James Bond Episode of “Never Say Die”
16.   When “Forever” Doesn’t Actually Mean F-O-R-E-V-E-R
17.   Pack Your Bags, We Off for Some Travel Insurance Fraud
18.   Serial Fraud Is Not a Business Plan
19.   Auto Insurance—Operation Sledgehammer
20.   Ten Gets You Fifteen Plus Prison
21.   Good Intentions or Golden Opportunity
22.   What the Duff?
23.   Swoop and Squat—What?
24.   The Devil Is in the Details
25.   These Students May Have Been Better Off to “Fake” a Grade
26.   What Not to Do in a “Buyer’s” Market
27.   Who Would Know Better Than an Adjuster?
28.   When Arson and Murder Combine
29.   When the Bungee Cord Snaps Back
30.   When Thrills Turn to Spills
31.   That Was an Expensive Bowl of Soup
32.   Good Heaven’s … Watch Your Step …
33.   Fake Robbery—Insurance Grab
34.   Considered the Largest Insurance Fraud in US History—Pardoned by Trump
35.   A Friend … Indeed
36.   It Happens Here Too, Wherever Your “Here” Happens to Be
37.   The “Risk” Assessment Was Written in the Stars
38.   Taking Advantage When There’s a “Known” Need
39.   Quality of Life and the Disney Vacation Club
40.   Busted
41.   Weight Loss—Money Gain—Insurance Duped—FBI Not Happy
42.   On the “Make,” On the “Take,” And Raking in the Profits
43.   There’s a Pill for That … And Sometimes a Kickback to the Prescriber
44.   From the Pill Mills to the Operating Theater, Profits from Insurance
45.   If You Don’t Like the Way Something Is Done … Do It Yourself
46.   How much for a hand? What about a foot? Does the value change whether it is the right or left or both?
47.   The Humerus Was Still Intact, But No One Was Laughing
48.   Relying on the Kindness of Strangers
49.   Missed the Bus on This One
50.   Ripe for the $160 Million Pickin’
51.   No Bull Here …
52.   Horse Lovers Beware: Gruesome Equestrian Scandal
53.   The Draw of the Cute Critter Pics
54.   Not Covered and Not Guilty …
55.   Breaking Bad … The Realities
56.   Too Contrived to Be True
57.   Sighting a Masterpiece of Return
58.   Fur Does Not Insulate against Fraud
59.   Motivation: Greed? Love? Family?
60.   Four Women and a Funeral …
61.   Fake FBI Agent Investigated by Actual FBI Agents
62.   The Unintended Consequences of Insurance Fraud
63.   Sex, Lies, Money, Insurance
64.   With Friends Like These
65.   ‘Til Death Do Us …
66.   Three May Be a Charm—The Fourth Proved Deadly
67.   The Ultimate Abuse of Trust
68.   Killing a Child for Money
69.   Suicide for the Insurance Payout
70.   People Targeted for Insurance Then Murder
71.   Up in Smoke
72.   They Beat It … In Settlement
73.   How to Be a Millionaire … Or At Least on Television
74.   When the Insurance Scam Arrives in Your Inbox
75.   The Price We Pay for Insurance Fraud
76.   The Insurance Investigator
77.   And Yet It Works
About the Author
DISCLAIMER
The following is a compilation of insurance stories sourced from an abundance of information found via the World Wide Web, books, magazines, news articles, blogs, podcasts, among other sources, people, and presentations available to the author. They were summarized then organized according to topic title for ease of depiction.
In no particular order, the following information is for general reference and entertainment only. It is not intended as legal, tax, or insurance advice—certainly not financial planning. Changes to interpretations, conventions, legislation, or individual company policies may affect information. Please check with your insurance provider, lawyer, accounting, or human resources professional for further information.
This is not a peer-reviewed journal, a sponsored publication, or the product of editing. While the ideas and thoughts are often vital, pertinent, and relevant, the summaries, views, opinions, and experiences represented are just that— view, opinions, and experiences — and they belong solely to the author and do not represent those of people, the subjects, or anyone listed in the examples presented, institutions, or organizations that the author may or may not be associated with in a professional or personal capacity, unless explicitly stated. The views and opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual.
The author makes no representations as to the accuracy or completeness of any information outlined. The author will not be liable for any errors or omissions in this information or for the availability of this content. The author will not be liable for any losses, injuries, or damages from the display or use of this information.
This content is dynamic and subject to changes from insurers, regulators, provincial governments, countries, legal precedents, and laws for which the summaries originate. The content expressed today may, in fact, change over time, legal penalties overturned, including the author’s views, opinions, and experiences.
The author is not responsible or liable for anything anyone says in comments. Because publishing content is global, note that this book was developed in Canada through Canadian sources, unless referenced otherwise.
This book is for reference purposes only and by no means represents a legal document or counsel and should not be seen as such. Always consult legal and accounting ad vice.
INTRODUCTION
Why did I name the book They’ll Never Know ? Because … frankly, I grew up with people saying that very line whenever they were “up to something.” This adage was quickly followed by “How will they know?” and “Why would they care?”
First off, who are the “they” we’re referencing? The authorities? The government? Any official? All the above? Certainly, someone with the money who the poets of these statements suddenly felt entitled to take from the source for whatever reason. All this line conveyed to me was people can convince themselves of anything when money is the motivator. Furthermore, as these summaries illustrate, just how far people will go once they have given themselves permission to cross those l ines .
For as long as I have been in the insurance industry, I have been fascinated not only by insurance products themselves and their ability to help people, but also by people’s attitude toward insurance. The simplicity of insurance is a beautiful thing. It is designed to cover off specific future risk elements—loss of life, loss of income, loss brought about by a catastrophic event—yet I’ve seen it complicated and butchered. But at the end of the day, it is meant to be simplistic and uncomplicated. Someone purchases a life insurance policy specifically for a beneficiary for a set dollar amount, and they pay a premium until their demise results in the payment of this policy to the person they chose as their recipient.
Simple. Done.
Over the years, I have seen abuse and gratitude working in kind, but somehow mixed in there is the entitlement attitude that there shouldn’t be a cost for coverage. And even if there is a cost, then they’re going to take more than what was paid. These are their stories.
Special shout out to Phoebe Judge, host and cocreator of “This Is Criminal” podcast ( https://thisiscriminal.com ) for germinating this idea.
Enjoy.
 
I will never apologize for committing insurance fraud. Insurance is for LOSE