True Crime of Insurance Fraud Video Number 56
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Insurance Frauds Are Not Born, They Are Trained
\\n\\nWee Willy never intended to be a criminal. His ambition in life, from age three, was to be a meat cutter like his dad. Willy cruised through high school with a solid \\u201cC\\u201d average. He knew that as a meat cutter he only needed a steady hand. Literature and mathematics held no interest for him. As a child he would visit the store where his father worked and watch sides of beef turn into chops, steaks and hamburger with rapt attention. His father, he believed, was an artist who turned ugly chunks of dead animals into beautiful and delicious food. His ambition was to be the Picasso of meat cutters. When Willy graduated from high school his father helped him join the meat cutters local as an apprentice.
\\nHe began his career at a neighborhood Piggy Wiggly market. As an apprentice Willy was ordered about by the journeyman meat cutter. The duties of an apprentice included sweeping up the cuttings, collecting the excess fat so that it could be sold to the renderer, and lifting and carrying carcasses for the journeyman.
\\nOn slow days the journeyman would let Willy practice on the giant band saw. Willy was happy. Even as an apprentice meat cutter he was doing what he always wanted to do. He was learning his trade. He also could bring a few cuts of filet mignon to his girlfriend\\u2019s father. When her father was happy with Willy, his girlfriend was even more loving.
\\nWilly had outfitted his house from the local Goodwill store. By the time his house was rebuilt, he had a brand new house worth twice as much as when he bought it, completely furnished with new furniture from quality stores. He immediately put the house on the market and made a $100,000 profit. With the money, he traded in his car and bought a brand new Corvette, a gold and diamond ring and a Rolex President with a diamond face. He gave his old Rolex to his father. Life was good. Willy decided to go into business for himself. He would become a builder.
\\nHe attended the contractor\\u2019s license school for one day and learned enough to pass the test and become a licensed contractor. Willy was in business for himself. He really didn\\u2019t need to work. He was going to use the contractor\\u2019s license to make more money off of insurance. Any construction job he did would be paid for completely by the insurance company.
\\nWilly\\u2019s two domestic insurers were members of the National Insurance Crime Bureau (NICB) and the ISO All Claims database; Lloyd\\u2019s was not. When each insurer submitted their report of Willy\\u2019s robbery, the ISO and NICB advised both insurers of the other claim that appeared to be similar to their claim. Each insurer had in place a special fraud investigation unit (SIU). The SIU investigators contacted each other and found that the two claims were identical and based upon the same appraisals. Lloyd\\u2019s, through their independent investigators, also used the All Claims database and the adjusters for the three insurers shared information concerning Willy\\u2019s claim. Within six months Willy fell off an oil tank and broke his leg in three places. Although it hurt a great deal, Willy was happy. He had workers\\u2019 compensation again and, with his disability insurance policies, his take home pay tripled.
\\nHe knew the leg would be slow to heal and he could enjoy a life of leisure paid for by all of the other stupid people who bought workers\\u2019 compensation insurance but did not benefit from it as did Willy.
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