According to the Federal Bureau of Investigation, non-health insurance fraud is big business. It comes at an estimated total cost of $40 billion per year. On average, this costs U.S. families between $400 to $700 in increased yearly premiums. The most common type of insurance fraud is the embezzlement of insurance premiums. Another common type of insurance fraud is property damage fraud, where a person makes a claim for damages to their property, and when they receive the money, does not make the repairs. Personal injury fraud, such as slip-and-fall scams are also quite common.
The Covington News reports that state officials have made several arrests connected to insurance fraud. In a 10-day span, state insurance officials cracked down on fraud. They made 8 arrests on a combined 22 felony charges. Among those arrested were Steven Folkes of Covington and Trejour Monea Thomas, who was arrested at her home in Loganville.
Thomas was charged with insurance fraud. She was also arrested on a felony warrant out of Lawrenceville. According to the state insurance and fire safety commissioner’s office, the 20-year-old Thomas and 25-year-old Folkes submitted fraudulent medical bills and work documents that were related to an accident. Folkes was charged with insurance fraud and forgery.
Three people were arrested on charges of insurance fraud, theft by deception, and altering vehicle identification plates. They would alter a vehicle’s identification, obtain insurance for the vehicle, and then stage accidents or pawn the vehicles.
56-year-old Steven Chastain was charged with stealing a homeowner’s $204,000 claim after their house burned.
Have you been injured in an accident? We can help. Call today.