Insurance fraud is the intentional misrepresentation of facts and circumstances to an insurance company to obtain payment. Any person who intentionally misleads or deceives an insurance provider to get additional compensation may face insurance fraud charges.
Some insurance fraud charges fall into one of two categories: hard fraud or soft fraud. Hard fraud involves a person creating a staged accident or injury to obtain money. Soft fraud is the act of exaggerating an accident or injury to maximize a claim.
Some examples include:
- Faked automobile collisions, including reporting a false hit-and-run or a staged accident
- Intentional property and automobile damage, such as deliberate damages, vandalism and inflated damages
- Faked accidents, including fraudulent slip-and-fall and other personal injury claims and fictitious workplace accidents
- Medical billing fraud, which is a form of fraud committed by health care professionals to acquire insurance payouts for services not necessary or provided
- Health insurance fraud, including the use of another person's identity to get benefits
- Life insurance fraud, such as buying fraudulent policies for already dead relatives
A conviction for insurance fraud can result in severe penalties, including mandatory restitution, loss of professional license and substantial prison sentences. If you're charged with federal insurance fraud, contact us today by calling 561-932-1690 or by sending us a message from the contact form below.