Category Archives: Economy and Meltdown

New York Insurance Fraud

New York Insurance fraud is a broad term that includes numerous acts the law considers illegal. And yes, all of them are related to stealing from insurance companies. Insurance fraud in New York and virtually all other states are probably the most commonly prosecuted white collar crime.

Recent legislation and general policy of insurance fraud crackdown changes released state and local prosecutors and investigators after unexpecting (and expecting) insurance fraudsters. Insurance fraud prosecutions and indictments statewide have dramatically increased as the result. Unfortunately, many individuals accused of insurance fraud in New York are not even aware what it is they’ve done wrong. This article provides some basic information on what is New York insurance fraud.

New York insurance fraud lawyers are busy defending people against charges of health insurance fraud, auto insurance fraud, Medicaid fraud, unemployment benefits fraud, and welfare fraud. So, what is fraud? In short, under section 176.05 of the New York Penal Code, a fraudulent insurance act is intentional and deliberate submission of an insurance application to an insurance carrier or its agents. Fraudulent means either submitting false information or concealing, for the purpose of misleading, information concerning any material fact.

There are several degrees of New York Insurance fraud. A default New York insurance fraud charge is insurance fraud in the fifth degree, a class A misdemeanor. All subsequent degrees vary as following. If in addition to the generic act of insurance fraud the person wrongfully obtains property with a value of more than $1,000, it is insurance fraud in the fourth degree is a class E felony. $3,000 makes it insurance fraud in the third degree is a class D felony. $50,000 means insurance fraud in the second degree is a class C felony, and, finally, stealing a million dollars will make one guilty of insurance fraud in the first degree, a class B felony.

A person who commits a fraudulent insurance act, and has been previously convicted within the preceding five years of any insurance fraud crime is automatically guilty of aggravated insurance fraud in the fourth degree is a class D felony.

Insurance fraud investigation normally takes time. Police rarely arrest people suspected of insurance fraud without warrant and some investigation. When an investigation is underway, the suspect will receive a letter or a telephone call from an investigator. The person’s actions at that point may determine the outcome of the case. The worst that can be done is voluntary submission of any information to the investigators who are trained in gathering incriminating information and building cases against suspects. The better way is to talk to an attorney immediately and protect your rights. Investigators will not question persons who wish to consult an attorney. An experienced New York insurance fraud lawyer, if timely retained, may mitigate future damages and in some cases even convince prosecutors not to proceed with the case.

Joseph Potashnik is an attorney in New York City and Northern New Jersey practicing criminal defense and civil litigation. You can visit his websites at http://www.jpdefense.com (for NYC) and http://www.jpcriminaldefense.com (for NJ)
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Minimizing Online Fraud with High Risk Merchant Accounts

If you have a casino or adult business, you are prone to fraudulent transactions and high risk problems. The truth is this is something that can’t be avoided. You just need to take precautions to decrease them. Oftentimes charge back rates are just around the corner. Normal banks don’t accept the application of high risk business. If you want to minimize the risks, here are some ideas.

How To Stay Away From Adsense Click Fraud

If you crawl through the AdSense message boards then you will see the history of the suffering from the publishers of AdSense, which were banned on behalf of Google. Below is a list of ways people have been banned from AdSense and information on how to prevent this from happening to you. Do not click on ads on your site thats the first priority and an obvious, but still people do it. Google has IP-address of the computers that you used to create and check AdSense account. If they see that this IP address clicks one of your ads in the issue then you will be in problem.

Don’t ever try to click on your own ads.

This is a robbery. Not from Google but from advertisers. If you want to go to the website advertised on your site then do not click, find the URL in the advertising site at the bottom of the ad and enter it into your web browser. If you click on one accidentally (which does happen) you are probably be ok but it is worth dropping a fast e mail to Google with an explanation & apology

Do not access adsense from a public computer.

As I said above, Google keeps a record of every machine IP-address used to look at your account. If you check your stats on the machine and someone else clicks on their ads on the same machine Google believes that it is click fraud. It should be borne in mind when checking stats from somewhere like an Internet caf

Avoiding Credit Card Fraud

Imagine the following situations:

Someone rummages through your rubbish to find discarded receipts and then uses your account numbers illegally.
A shop keeper keeps a copy of your credit or debit card and then uses it to pay for other transactions.
A mailing asks you to call a long distance number to claim a free prize. You are told to provide your account number to sign up. You do so and are billed for transactions you never made.

Credit card fraud is a huge industry costing consumers and card issuers hundreds of millions of pounds each year. It is a form of theft that is much more discrete than traditional robbery. While it is difficult to completely prevent card fraud from occurring, there are steps you can take to minimize your chances of becoming a victim.

Guard Against Fraud

Here are some tips you can take to help protect yourself from card fraud.

Do:

Sign the back of your cards as soon as they arrive.
Carry your cards separately from your wallet.
Keep your account numbers, expiry dates and company phone numbers and addresses in a safe place.
Watch your card while it is out of your sight during a transaction and seek to get it back quickly.
Destroy incorrect receipts and all carbons.
Compare receipts with your monthly billing statements.
Open your bills and reconcile your account monthly.
Report suspicious activity or charges promptly and in writing to your card issuer.
Notify your card issuer in advance of a change of address.

Don’t:

Lend your card to anyone.
Leave your cards or your receipts lying around where others might find them.
Sign blank receipts. If there are blank spaces on a receipt, draw a line through them.
Write your account number on the outside of an envelope or on a postcard.
Give your account number over the phone, unless you have made a call to a company you trust. If you have a question regarding a company, check it out with your local consumer protection office.

Report Losses and Fraud

If your card is stolen or lost, report this immediately to the issuer immediately. Many companies have free emergency numbers specifically for such calls. By law, you have no further responsibility for unauthorized charges once you have reported it. Calling quickly will reduce your liability for unauthorised charges, and will help the card issuer to catch the fraudster or block the transactions, making life harder for the crooks.

Joseph Kenny is the webmaster of the UK credit card comparison site http://www.creditcards121.com/, where you can find a selection of credit card advice that should help guide you through the credit card maze. For US visitors there is also the comparison site http://www.credit-cards-info.com/ for all US interest free offers.

Debt resolution fraud

A second option you have to reach your credit resolution goal is debt consolidation . Regain the control back in you’re life through the credit card debt resolution to decrease your burden. This results in a credit resolution scam that should be avoided through proper measures. This is the reason credit debt resolution scams occurs in the first place.

According to court documents, PQI was an umbrella organization for numerous vendors of tax and credit debt scams. Credit debt resolution is one of the fastest growing industries in the United States today. In order to accelerate the debt resolution, you will need to allocate about $200 to the resolution plan. Debt settlement negotiations are a way for resolution programs to receive payment. A resolution program usually consists of a debt settlement agreement or a filing of bankruptcy.

But the internal resolution process replaced, with advantages, the foreign debt process. Debt resolution companies work with creditors everyday and they do resolve debt. Debt services will improve your credit score not diminish it. Some also feel that by using debt services will report negatively on their credit report. Debt resolution schemes generally involve websites advertising a legal way to dispose of mortgage loans and credit card debts.

Figure 13 depicts the filing trend for debt fraud through March 31, 2006. The President’s course toward debt resolution will require both skillful cash management and fiscal policy. I recommend that you check out my other articles to get more information on resolution solutions. When researching this article, we came across a lot of information on the growth of resolution scams. The creditor typically will pay the resolution program a percentage of any monies received as payment from the debtor.

The typical percent range a resolution program will receive is between 5% and 20% of that lump sum. The goal of Christian debt resolution programs is to ensure that God is that one master. The son worked as the computer programmer for a debt company for over 3 years. Doing a simple Google search will yield you with millions of links to resolution companies worldwide.

But the fact is that even people with very low incomes can save surprising amounts of money by learning to manage the money they have. (check your debt condition here)

THE FIRST RULE OF SAVING:
GET STARTED NOW!

The first step you need to take is to start saving NOW! Even today there are choices to make: Is this an essential expense? Is this an expense that can be deferred? Is this something I want or is this something I need?

In most cases, a salary that does not stretch from payday to payday does not mean insufficient funds – it simply means the timing of the expense and the paycheck are off. It also says that you are probably not as careful a spender the week after payday as you are the week before. When we talk about savings most people think, “O.K., I will try living on a budget, and at the end of the month I will put what is left over into a savings account.”

But it does not work that way. Something always goes wrong. At the end of the month, you come up short. The solution is pay yourself first. (check your debt condition here)

RULE # 2:
PAY YOURSELF FIRST!

The most pain free way to save is to pay yourself first. That is put, put yourself and your future before any other demand on your money, and deposit a set amount every payday into a saving or investment program.

Many employers offer payroll plans that automatically deposit a sum, determined by you, into a savings account each payday. This way you will never see the money, let alone be tempted to spend it. It is regular, it is constant, and you quickly adjust to it. Banks, too will automatically move a set sum into a saving account. (check your debt condition here)

This eliminates the need for will power. The important thing is to have the money come directly out of your paycheck, or right out of your checking account before you have the chance to spend it. Just think of your savings as a bill that needs to be paid first. (check your debt condition here)

When you use a credit card, you are really borrowing money taking out a loan on which a high interest must be paid.

With offers of credit cards in the mail almost everyday even to students and kids some people have wound up owing a walletfull of cards, with outstanding amounts on every one . It’s madness.

There are several real, practical uses for credit cards. One is as I.D. in cashing checks. Another is to rent cards it’s impossible now to do this for cash because car rental agencies demand to see a credit card.

You can use them for telephone transactions and internet purchases. Also it is convenient to use one for hotels and meals when in travel.

You are in an ideal spot when you can own a credit card to use in emergencies, but pay off debt when it comes.

With offers of credit cards in the mail almost everyday even to students and kids some people have wound up owing a walletfull of cards, with outstanding amounts on every one . It’s madness.

There are several real, practical uses for credit cards. One is as I.D. in cashing checks. Another is to rent cards it’s impossible now to do this for cash because car rental agencies demand to see a credit card.

You can use them for telephone transactions and internet purchases. Also it is convenient to use one for hotels and meals when in travel.

You are in an ideal spot when you can own a credit card to use in emergencies, but pay off debt when it comes.

Take the Debt Condition Quiz at http://funfastdebtelimination.com