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A Video True Crime Story of Insurance Fraud 

https://zalma.com/blog

They were All-American girls. Muffy and Buffy met each other as  cheerleaders in high school. They were best friends. They did everything  together. The two young women shared everything from clothes to  boyfriends. They decided to use insurance fraud to supplement their  income and allow them to continue to live with nothing but the best in  excess of their earnings.  Buffy and Muffy admitted to the adjuster that the watches were never  stolen in either claim. They withdrew the claim for the two watches.  They still tried to convince him that the rest of their claim resulted  from a legitimate auto burglary. He was not convinced. He denied the  claim on the spot. He followed up with a written denial.  He reported the claim to the Fraud Division who agreed it was a  fraudulent claim and presented it to the local district attorney. The  District Attorney refused to prosecute on the grounds that there was  insufficient evidence to guarantee a conviction.  Muffy and Buffy went back to work at the bank. They hired a lawyer who  threatened to sue if the claim was not paid in full. Since there was no  arrest the insurer felt vulnerable. It paid $60,000 to obtain a general  release.  Muffy and Buffy lived comfortably for a while on the money the lawyer  obtained for them.  They were determined to, and continued to, commit  insurance fraud once every few years, to supplement their income.  For Muffy and Buffy crime pays well.  \\xa9 2021 \\u2013 Barry Zalma  Barry Zalma, Esq., CFE, now limits his practice to service as an  insurance consultant specializing in insurance coverage, insurance  claims handling, insurance bad faith and insurance fraud almost  equally for insurers and policyholders. He also serves as an arbitrator  or mediator for insurance related disputes. He practiced law in  California for more than 44 years as an insurance coverage and claims  handling lawyer and more than 52 years in the insurance business. He is  available at http://www.zalma.com and zalma@zalma.com.  Mr. Zalma is the first recipient of the first annual Claims Magazine/ACE  Legend Award.  Over the last 53 years Barry Zalma has dedicated his life to insurance,  insurance claims and the need to defeat insurance fraud. He has created  the following library of books and other materials to make it possible  for insurers and their claims staff to become insurance claims  professionals.  Go to the podcast Zalma On Insurance at https://anchor.fm/barry-zalma;  Follow Mr. Zalma on Twitter at https://twitter.com/bzalma; Go to Barry Zalma videos at Rumble.com at https://rumble.com/c/c-262921; Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg; Go to the Insurance Claims Library \\u2013 https://zalma.com/blog/insurance-claims-library/ Read posts from Barry Zalma at https://parler.com/profile/Zalma/posts; and the last two issues of ZIFL at https://zalma.com/zalmas-insurance-fraud-letter-2/  podcast now available at https://podcasts.apple.com/us/podcast/zalma-on-insurance/id1509583809?uo=4