Fraud Files: Financial and Medical Fraud Schemes

In this edition of Fraud Files we take a look at two schemes that occurred in New Jersey. One involving a financial scheme with auto loans and the other regarding medical fraud with a dishonest doctor.

The first part of the video describes how an owner of a used car dealership, along with three employees and a bookkeeper, were charged with conspiracy, money laundering, and other offenses in connection with bank financing scam that allegedly netted $1.4 million in fraudulent loans for luxury cars.

In the second half of the report, we tell the story of a family physician in New Jersey who was sentenced to 37 months in prison for defrauding Medicare, Medicaid and private insurance companies out $280,000.

Insurance Fraud Headlines for April 24, 2015

FraudApril24Here are today’s top insurance fraud stories:

* Man Involved in Multi-State Theft Ring Faces New Charge (Insurance News)

* Florida Man convicted of insurance fraud (Command Investigations)]

* Poughkeepsie man charged with insurance fraud (MidHudson News)

* Woman pleads guilty to forgery, insurance fraud (TribLIVE)

* Alleged Theft Ring Mastermind Faces New Insurance Fraud Charge (TriState)

 

Man Gets 4 to 10 Years for Lighting the Match in Pet Shop Arson

KirkBills

Kirk Bills (AP)

Last week we reported on the story about two individuals who set fire to a Las Vegas pet shop where 27 puppies and dogs were rescued when the building’s sprinkles doused the arson fire. Gloria Lee was sentenced last week to 5 to 14 years in prison for arson, insurance fraud and attempted animal cruelty.

On Monday co-defendant Kirk Bills was sentenced to 4 to 10 years for his involvement in the case. Clark County District Court Judge David Barker said Bills acted “hand in hand” with former shop owner Gloria Lee.

“You’re the one who chose to light the match,” the judge told Bills. “You couldn’t have possibly not known those were living creatures in these cages.”

The incident sparked intense interest and protests from animal rights advocates after Lee was arrested in Las Vegas shortly after the fire. The animals became the focus of an ownership battle before they were raffled in March to raise money for local animal shelters.