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Desperate car owners resort to insurance fraud

Filed under: Budgets, Debt, Transportation, Fraud

The Associated Press reports that "Driven to desperation, a growing number of financially strapped car owners are torching, sinking or ditching their vehicles and then reporting them stolen to cash in on the insurance." In Las Vegas, car insurance fraud cases are up more than threefold and other police departments are reporting smaller but still meaningful increases in the crime.

If you're reading this and thinking about setting your car on fire or driving it into a ditch and reporting it stolen, please, please, please don't do that. You might get away with it, but you might not. And if you don't, you could end up in jail for a long time -- and that, combined with penalties and legal fees, won't exactly help your financial situation.

Continue reading Desperate car owners resort to insurance fraud

Desperate car owners resort to insurance fraud originally appeared on WalletPop Blog on Thu, 11 Jun 2009 08:00:00 EST. Please see our terms for use of feeds.

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Source: WalletPop Blog

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Whether you are a minor or over 21 you must have car insurance as all 50 States require it. However, if you are a minor and you want to apply for ...

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Uninsured Drivers Fool State System KKTV 11 News
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE07DWzWraTtx7jvUBUcr1ILCzVHgamp;url=http://www.kktv.com/home/headlines/Uninsured_Drivers_Fool_State_System_138607489.html?storySection%3DcommentsbUninsured Drivers Fool State System/b/abr /font size=-1bfont color=#6f6f6fKKTV 11 News/font/b/fontbr /font size=-1We will review any reported comments promptly. by Doug Location: Colorado Springs on Feb b3/b, 2012 at 12:47 PM Until the consequences for not having binsurance/b become more severe, nothing#39;s gonna change. Why not use a sticker system, similar to the one b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=djbpUU3ZrphQJFMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Is your Saab warranty worth the paper its written on? The Guardian
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEogojkM-Nwa_Fa9oYe6zpl5uItJAamp;url=http://www.guardian.co.uk/money/2012/feb/03/is-saab-warranty-worth-anything?newsfeed%3Dtrueimg src=//nt3.ggpht.com/news/tbn/V-KrN52FLQlM2M/6.jpg alt= border=1 width=80 height=80 /br /font size=-2The Guardian/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEogojkM-Nwa_Fa9oYe6zpl5uItJAamp;url=http://www.guardian.co.uk/money/2012/feb/03/is-saab-warranty-worth-anything?newsfeed%3DtruebIs your Saab warranty worth the paper it#39;s written on?/b/abr /font size=-1bfont color=#6f6f6fThe Guardian/font/b/fontbr /font size=-1Ela Piotrowska and Les August are two motorists who have been affected. The London couple last March bought a new 9-b3/b diesel model from the now defunct Saab Fulham. At the end of November, after just 7000 miles, the bcar/b broke down./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dVaMfhtTMMoGs6Mamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Earnings, US data lift FTSE to best week in 2 months Reuters UK
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHIIf6FmYinyRLBjoRW4FjBoAVxbAamp;url=http://www.shropshirestar.com/business/city-news/2012/02/02/oil-company-results-drag-down-ftse/img src=//nt0.ggpht.com/news/tbn/4ADf694YovRDhM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2shropshirestar.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF9fXtREwhp8afSbF1naR6JjWwtowamp;url=http://uk.reuters.com/article/2012/02/03/markets-britain-stocks-idUKL5E8D33G020120203bEarnings, US data lift FTSE to best week in 2 bmonths/b/b/abr /font size=-1bfont color=#6f6f6fReuters UK/font/b/fontbr /font size=-1* FTSE closes up 1.8 pct * Best week in 2 bmonth/b, fresh 6-bmonth/b closing high * US data gives big boost, bluechip reports support By Toni Vorobyova LONDON, Feb b3/b (Reuters) - Britain#39;s top shares surged on Friday as a surprisingly strong US employment b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH0c7PxLEx-nyGN-zqF_QfgSMkS3wamp;url=http://www.brecorder.com/market-data/stocks-a-bonds/single/636/0/1150884/Earnings, US data lift FTSE to best week in two bmonths/b/afont size=-1 color=#6f6f6fnobrBusiness Recorder (blog)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEE_cidHJDrQ0A2IpB774F2R3Ke1Aamp;url=http://www.reuters.com/article/2012/02/03/markets-britain-stocks-idUSL5E8D32NR20120203Brighter outlook boosts FTSE but US data casts a shadow/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGy3qWYKkOmDGoATWwEMhHqfSM1iAamp;url=http://www.igmarkets.com.au/cfd/market-update-030212e.htmlUK Research Team, IG Group/afont size=-1 color=#6f6f6fnobrIG Markets CFD Trading/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dt8F0_Jh7RngdvMiPx8sy-S4Jg7xMamp;ned=usnobrball 59 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Long Islanders weathering the job outlook Newsday
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH1NCgOYQRNKJ0UdR0Xt7oX-tsUYwamp;url=http://www.newsday.com/classifieds/jobs/long-islanders-weathering-the-job-outlook-1.3503226img src=//nt1.ggpht.com/news/tbn/UZI1k4oeTpegCM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Newsday/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH1NCgOYQRNKJ0UdR0Xt7oX-tsUYwamp;url=http://www.newsday.com/classifieds/jobs/long-islanders-weathering-the-job-outlook-1.3503226bLong Islanders weathering the job outlook/b/abr /font size=-1bfont color=#6f6f6fNewsday/font/b/fontbr /font size=-1Jobs Newsday gt; Classifieds gt; Jobs Long Islanders weathering the job outlook Originally published: February b3/b, 2012 6:56 PM Updated: February b3/b, 2012 7:21 PM Steven Rubin, 38 Oceanside, Attorney Rubin spent 18 bmonths/b looking for a suitable new home for b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=djKDfJJgH7pglmMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Minnesota News Briefs: Stearns County deputy struck by semi Pierce County Herald
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEXwSWO-eqbqbJZVXxzO_AaqioOGAamp;url=http://www.piercecountyherald.com/event/article/id/42716/group/News/bMinnesota News Briefs: Stearns County deputy struck by semi/b/abr /font size=-1bfont color=#6f6f6fPierce County Herald/font/b/fontbr /font size=-1The Target Corporation is reporting a four-point-bthree/b-percent increase in January sales at stores open at least a year. Last bmonth#39;s/b results were more than double the two-point-one-percent growth analysts were expecting. The Minneapolis-based discount b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=doDVkQuKTx3HhFMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table