| | | | | vary as following. If in addition to the generic act |
| New York Insurance fraud is a broad term that | | | | of insurance fraud the person wrongfully obtains |
| includes numerous acts the law considers illegal. | | | | property with a value of more than $1,000, it is |
| And yes, all of them are related to stealing from | | | | insurance fraud in the fourth degree is a class E |
| insurance companies. Insurance fraud in New York | | | | felony. $3,000 makes it insurance fraud in the |
| and virtually all other states are probably the | | | | third degree is a class D felony. $50,000 means |
| most commonly prosecuted white collar crime. | | | | insurance fraud in the second degree is a class C |
| Recent legislation and general policy of insurance | | | | felony, and, finally, stealing a million dollars will |
| fraud crackdown changes released state and local | | | | make one guilty of insurance fraud in the first |
| prosecutors and investigators after unexpecting | | | | degree, a class B felony. |
| (and expecting) insurance fraudsters. Insurance | | | | A person who commits a fraudulent insurance |
| fraud prosecutions and indictments statewide | | | | act, and has been previously convicted within the |
| have dramatically increased as the result. | | | | preceding five years of any insurance fraud crime |
| Unfortunately, many individuals accused of | | | | is automatically guilty of aggravated insurance |
| insurance fraud in New York are not even aware | | | | fraud in the fourth degree is a class D felony. |
| what it is they’ve done wrong. This article | | | | Insurance fraud investigation normally takes time. |
| provides some basic information on what is New | | | | Police rarely arrest people suspected of insurance |
| York insurance fraud. | | | | fraud without warrant and some investigation. |
| New York insurance fraud lawyers are busy | | | | When an investigation is underway, the suspect |
| defending people against charges of health | | | | will receive a letter or a telephone call from an |
| insurance fraud, auto insurance fraud, Medicaid | | | | investigator. The person’s actions at that |
| fraud, unemployment benefits fraud, and welfare | | | | point may determine the outcome of the case. |
| fraud. So, what is fraud? In short, under section | | | | The worst that can be done is voluntary |
| 176.05 of the New York Penal Code, a fraudulent | | | | submission of any information to the investigators |
| insurance act is intentional and deliberate | | | | who are trained in gathering incriminating |
| submission of an insurance application to an | | | | information and building cases against suspects. |
| insurance carrier or its agents. Fraudulent means | | | | The better way is to talk to an attorney |
| either submitting false information or concealing, | | | | immediately and protect your rights. Investigators |
| for the purpose of misleading, information | | | | will not question persons who wish to consult an |
| concerning any material fact. | | | | attorney. An experienced New York insurance |
| There are several degrees of New York | | | | fraud lawyer, if timely retained, may mitigate |
| Insurance fraud. A default New York insurance | | | | future damages and in some cases even convince |
| fraud charge is insurance fraud in the fifth degree, | | | | prosecutors not to proceed with the case. |
| a class A misdemeanor. All subsequent degrees | | | | |