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VIRGINIA STATE POLICE LAUNCH NEW ANTI-FRAUD ADS
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here to view an ad (5.7 mb) Focusing on one of the prevalent forms of insurance fraud -- exaggerated claims -- the commercial goes on to state that no one really knows how much insurance fraud exists, but that it costs the U.S. economy at least $85 billion a year. TV viewers are encouraged to help in the fight against fraud and are given a toll-free number and a Web site for reporting suspected insurance fraud. They could also be eligible for a reward of up to $25,000 for information about suspected fraud that leads to an arrest. The IFP ads will be running on network and cable outlets during prime time news in the Richmond, Roanoke, Tidewater, Tri-Cities and northern Virginia markets. The commercials are scheduled to run through March of this year. The ad can also be seen on line at www.stampoutfraud.com. When anyone tries to make money from insurance transactions by deception, that is insurance fraud; and according to the Coalition Against Insurance Fraud (www.insurancefraud.org), it's the second most costly white collar crime behind tax evasion. In Virginia, it's projected that fraud adds an additional $200 a year to insurance premiums and costs Virginians more than $1,000 a year in increased costs of goods and services. If anyone has knowledge of a fraudulent insurance scheme or suspects they may have been the victim of insurance fraud, they can report the activity to Virginia State Police Insurance Fraud Program on the insurance fraud hotline at 1-877-62FRAUD (1-877-623-7283) or visit www.stampoutfraud.com. Tipsters may remain anonymous. If the information leads to an arrest, they may also be eligible to receive a reward of up to $25,000 - just by mentioning the reward when reporting suspected insurance fraud.
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