Insurance Fraud

Insurance fraud involves deliberate actions aimed at securing unwarranted benefits from insurance processes. This occurs when someone tries to claim benefits they’re not entitled to, or when an insurer unjustly denies rightful claims. Common schemes include workers’ compensation fraud, asset diversion, fee churning, and premium diversion. If you’re accused of such offenses, a Kittanning criminal attorney can provide crucial assistance.

Broad Categorization

Hard Fraud

Hard fraud involves making up incidents like accidents, arson, theft, injuries, or other losses to illegally collect money from an insurance provider.

Soft Fraud

Soft fraud happens when generally honest individuals resort to minor deceit while dealing with insurance companies. Although perceived as harmless exaggerations, soft fraud is illegal and increases insurance costs for everyone. It’s crucial to consider the repercussions of claiming insurance payouts you aren’t entitled to, as insurance companies actively pursue and prosecute these cases, potentially leading to federal charges. In such instances, consulting a Kittanning DUI attorney is vital to protect your rights and effectively manage the legal process.

What is Federal Insurance Fraud?

Federal Insurance Fraud refers to deliberate and misleading actions to deceive insurance Logue Law Groups for personal gain. Though there’s no specific law addressing insurance fraud alone, prosecutors in Kittanning can charge individuals under the RICO (Racketeer Influenced and Corrupt Organizations) Act and statutes related to wire and mail fraud.

Engaging in insurance fraud includes:

• Providing insurers with intentionally false or misleading statements about a claim to defraud the company.
• Presenting falsified documents to manipulate motor vehicle insurance actions or rates.
• Conspiring or aiding others in defrauding insurers by providing false information.
• Submitting fraudulent insurance claims using someone else’s insurance ID card.
• Hiring people to commit fraud against an insurer.

For example, claiming to have lost valuable items during a house incident, such as a fallen tree, when such loss hasn’t occurred, can lead to charges and convictions of insurance fraud.

The Federal Bureau of Investigation (FBI) investigates various types of insurance fraud, including:

• Asset Diversion: Theft of assets during acquisitions or mergers of insurance companies.
• Fee Churning: Intermediaries collecting excessive commissions through reinsurance agreements.
• Premium Diversion: Misappropriating insurance premiums.
• Disaster Relief Fraud: Filing inflated or false insurance claims after a hurricane.

Besides facing federal charges for insurance fraud, individuals might also be subject to civil actions by the insurance company. Insurance fraud charges are typically classified as third-degree felonies, carrying significant fines and long incarceration periods.

Ways in Which a Kittanning Insurance Fraud Attorney Can Help

Facing an insurance fraud charge can be daunting, with determined federal prosecutors and strict laws working against you. However, at Logue Law Group, we have top Kittanning criminal attorneys ready to defend you. Our aim is to ensure you understand all your options and achieve the best possible outcome for your case.

With our experienced Kittanning DUI attorney by your side, you can depend on us to offer comprehensive representation for insurance fraud and scams. We will fight to uphold your rights under various consumer protection laws and vigorously pursue recovery of any losses you may have endured.

We recognize the gravity of insurance fraud, given the substantial financial implications involved. Whether you or a loved one is facing such charges, our dedicated Kittanning criminal lawyer is here to guide you through the legal process. From explaining your defenses to exercising your rights, we’ll be there every step of the way.

Don’t hesitate to take advantage of our complimentary initial consultation. Learn how our experienced Kittanning DUI lawyer in Kittanning can make a difference in your case. Contact us online or call 844.PITT.DUI today.

Get Started Today

Don’t hesitate to take advantage of our free initial consultation. Find out how our experienced Kittanning criminal lawyers in Kittanning can assist you. Contact us online or call 844.PITT.DUI today.