Insurance Fraud Attorney in NYC
Insurance fraud is when an individual knowingly tries to gain an advantage that he or she is not entitled to, which is done in an illegal manner. Insurance fraud can also be committed when an individual does not allow a benefit that someone is entitled to have. The Federal Bureau of Investigation reports that the most common schemes in the United States today are Premium Diversion, Fee Churning, Asset Diversion and Workers Compensation Fraud. Filling a false insurance claim is considered to be a type of insurance fraud. Some examples of insurance fraud are the selling of policies from non-existent companies, failing to submit premiums with the goal of creating more commissions, exaggerating claims, falsifying medical history, post-dated policies, faking a death, murder and much more.
The level of seriousness associated with insurance fraud varies by state and the penalties depend on the degree of seriousness. Some states will find insurance fraud as a felony when it exceeds a specified dollar amount. The Health Insurance Portability and Accountability Act, targets anti-fraud that exist in health care along with federal programs such as Medicare. The act also targets theft, embezzlement, and money laundering.
New York City insurance fraud attorney Paul D. Petrus, Jr. has successfully represented clients charged with insurance fraud in the state of New York and has the expertise needed to defend your case. If you or a loved one has been charged with insurance fraud, contact NYC insurance fraud attorney Mr. Petrus today to schedule a free consultation.