A Video Explaining A True Crime Story of Insurance Fraud
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"The Sleeze"
\\n\\nThe Sleaze was not a nice man. He learned the safe way to steal in prison. A Superior Court Judge had sentenced him to two years in state prison for forging his mother\\u2019s will.
\\nHis cell mate, an armed robber bragged about his successful brother. The brother had found a new career claiming the theft of small pieces of jewelry on homeowners\\u2019 policies. Insurance companies always paid, whether he owned the jewelry or not, rather than fight. His cell mate explained how prosecutors had no interest in this type of crime. Insurance companies, fearing punitive damages verdicts would pay even when the claim was fraudulent.
\\nThe Sleaze vowed that when he got out of prison he would pursue this safe form of crime.
\\nThe Sleaze was a man of his word. Immediately after leaving prison he bought a tenant\\u2019s homeowners policy. He asked for, and received without question, a $10,000 jewelry extension from the company. His limit of liability, instead of the standard $1,000, was $10,000.
\\nOn the surface, the Sleaze was unsuccessful in his fraudulent claims against the insurance company. He was successful in committing fraud. He was successful in raising the reasonable costs of defending fraudulent insurance claims beyond logic. He placed a lawyer in fear of her life and cost her law firm and the insurer she represented the cost of a body guard. Anyone who believes that insurance fraud is not a violent crime never met the Sleaze.
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