Fraud Investigators Combing Social Media To Expose Scams

  Wednesday, February 4th, 2015 Source: CBS News

Insurance investigators are making more use of the cyber world to expose scammers. There are so many people using social media nows that the sites are routinely monitored for evidence of fraud, reports CBS News correspondent Chip Reid. It was a beautiful sight -- a million-dollar Bugatti sports car cruising along by a bay in Texas. So beautiful, an admiring passenger in a nearby car caught it all on videotape. "He runs it straight off the road into a salty marsh and lets it run so it gets flooded and ruined," Coalition Against Insurance Fraud communications director James Quiggle said.

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