Dozens Charged in Massive Insurance Fraud Scheme in New York

Thursday, March 1st, 2012 Fraud Liability

Federal and local authorities in New York unveiled charges today against 36 defendants — including 10 doctors and three attorneys — allegedly involved in a systematic scheme to defraud auto insurance companies of more than $275 million under New York’s no-fault insurance law. According to the indictment, the scheme involved creating fraudulent medical clinics to defraud insurance companies under the state’s no-fault law. The charges include conspiracies to commit racketeering, healthcare fraud and money laundering dating back to around 2007.

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http://www.insurancejournal.com/news/east/2012/02/29/237602.htm

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