On Wednesday, December 16, 2015, law enforcement officials in Chattanooga, Tennessee posted a “Scam Alert” on their official Facebook page, which was reposted on the website of a local news station. The post informed the public of what appeared to be a one-off life insurance scam that targeted a local elderly woman in Hamilton County. “Someone she knew had a loved one that passed away a few weeks prior,” explained Matt Lea, the Public Information Officer for the Hamilton County Sheriff’s Office. “They told her there was an unclaimed life insurance policy.” It’s not known if the scammers targeted other people, too. Officials are only aware of this one instance of the scam. According to the “Scam Alert,” representatives from a fraudulent life insurance company called the elderly woman at her home. They then told her that her recently deceased loved one left a life insurance policy behind that needed to be paid out. Finish reading this article on the Asurea Scam Report.
Dave Jones, the Insurance Commissioner of California, has been keeping busy since he first took office in 2010. Among his many victories are several protections for consumers of insurance products and services.
One charity scam in Brooklyn, NY blinded everyone to their crimes until recently. For years, the fake National Children’s Leukemia Foundation ran a multi-million dollar scam before authorities finally shut them down in December 2015. According to the office of New York Attorney General Eric Schneiderman, the fake charity got away with: Convincing donors to give a total of $9.7 million. Lying about having medical experts who could provide services to terminally ill children. Running a bone marrow registry and cancer research center. Neither existed. Preparing and submitting incomplete and falsified financial reports. Pretending to have a functioning board of directors made up of people who had no connection to the organization. Granting wishes to terminally ill children through its “Make A Dream” program, which “did little more in several years than donate one laptop computer to one child and send another child to Disney World.” Finish reading this article on the Asurea Scam Report.