Immediate Vault Immediate Access

Worst Insurance Scam Artists

From robbing their own store, to faked deaths, to slip-and-fall claims, to more gruesome crimes, scammers have gone to great lengths to collect insurance. In the U.S. this amounts to about $40 billion per year, according to the Federal Bureau of Investigation—at a cost of $400 to $700 per year, per family, in increased premiums.

According to the U.S. Department of Financial Services, there were 377 arrests made for fraud in 2011; 356 in 2012 and the number dropped to 215 arrests in 2013.

Check out some of the more devious and intricate schemes here:

Graphic by Eamonn Freeman http://www.easylifecover.ie/