Insurance Fraud
Teanna Young, a Driver in the Project Platinum Staged Accident Investigation, sentenced to 6 month Conditional Sentence
Project Platinum investigation targeted corrupt tow truck operators and their various extensions into the car repair, rental and physiotherapy service providers. On March 20, 2020, Filippo Genova, who was a principal target of Project Platinum, was heard on the...
Information about address fraud and how it impacts car insurance rates
Canada’s housing market is on a rise with large numbers of people having moved in the past year or planning a move. With relocation comes a lot of address updating. It’s important not to forget about updating your address with your insurance...
IBC Transfers Investigative Services to an Anti-insurance Fraud Group – Équité
The insurance Bureau of Canada(IBC) board of directors approved the relocation of its Investigative Services (IS) division to the Équité Association. Équité is an anti-insurance fraud not-for-profit group that was established in February. Équité combines the...
Some registered massage therapists in unregulated provinces offering sex for sale and insurance receipts
A CBC investigation in Montreal, Saskatoon, Winnipeg and Calgary has found that some massage therapists who are members of professional associations are offering sex for sale.
CBRM tow truck bylaw on hold over fraud concerns
Insurance and towing industry officials are raising the spectre of fraud and corruption — and higher insurance premiums for consumers — while weighing in on opposite sides of a proposed tow truck bylaw in Cape Breton Regional Municipality.
IBC praises Ontario’s passage of MOMS Act
The Insurance Bureau of Canada (IBC) has lauded the Ontario government for the passage of new legislation that addresses road safety and auto insurance fraud issues in the province.
How IBC proposes fighting insurance fraud in the trucking sector
Provincial governments should implement a database to verify the validity of a trucking carrier’s insurance as one way of helping to identify fraud in the sector, Insurance Bureau of Canada (IBC) is recommending.
Insurance fraud a growing issue in Canada
In March, Auditor General Karen Hogan said the federal government missed chances to flag fraudulent claims for emergency benefits last year, potentially paying large sums of money to insolvent companies. Canada now faces a costly—and likely long-lasting—effort to recoup the $97.6-billion Canada Emergency Wage Subsidy and the $74-billion Canada Emergency Response Benefit that was doled out last year.
Judge sounds off on tow truck turf wars and insurance fraud
“The fake car accident industry is now sufficiently lucrative that competition among corrupt car towing organizations has led to internecine violence,” Rose wrote in his ruling this week. “Tow trucks are set fire to. Shots are fired. The highways in the GTA are dangerous enough without having this added element.”
Ontario judge urges legislature to deal with insurance fraud
An Ontario judge has taken the rare approach in a sentencing decision to urge the provincial government to take steps to prevent future instances of insurance fraud.
Toronto mom spent her severance pay on car insurance, but ended up uninsured
She called Aaxel Insurance, the brokerage where she had purchased the coverage. She learned that she had been a victim of fraud, and that although the broker she dealt with at Aaxel had sold her a genuine policy, he has since been accused of pocketing some of the money she paid.
COVID’s impact on insurance fraud
When the economy is in decline, insurance fraud tends to increase, Jeroen Morrenhof, CEO and co-founder of FRISS, observed, citing a recent report from Insurance Bureau of Canada.
20 people charged in Ontario tow truck war revealing fraudulent and criminal activities
Greater Toronto Area (May 29, 2020) – The York police laid nearly 200 charges against 20 people in connection with an organized crime investigation regarding the escalated tow truck war in Ontario. The authorities identified several organized crime groups who have...
Peterborough woman allegedly wangled more than $13,000 with fake health benefit claims
Peterborough (August 22, 2019) – Evangelia Gryllou from Peterborough allegedly defrauded more than $13,000 through faking health insurance claims. She was arrested and charged with fraud and forgery by the Peterborough police. Between September 2017 and July 2018, the...
After practice restrictions, suspensions, and fraud investigations dubious doctor will not practice again in Ontario
Windsor (July 26, 2019) – Dr. Thomas J. Barnard will not practice again in Ontario. After a hearing at the College of Physicians and Surgeons (CPSO) on June 23, he resigned and agreed to never practice medicine in Ontario again. In the hearing, the Discipline...
Man arrested in alleged fraudulent auto insurance scam
Mar. 5, 2018 (Courtesy of The Canadian Press ) - Ontario Provincial Police are issuing a warning after arresting a man for allegedly selling fake auto insurance. They say they arrested 38-year-old Sherif Aly in February and charged him with two counts each of fraud...
Medical insurance fraud widespread, as employees, providers rip off benefit plans
Dec. 19, 2018 (Courtesy of CBC.ca) - Employers and their insurance providers are reeling at the proliferation of fraud rings — groups of employees that work together to abuse and exploit benefit plans, with medical services providers as their eager accomplices....
BCSC alleges $47 million investment fraud by insurance group’s top officers
Nov. 7, 2018 - The British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that three leaders of a once fast-growing insurance group committed fraud by getting hundreds of people to purchase unsecured loan agreements. The BCSC alleges...
Auto insurer’s secret cameras in sting operation broke law, body shop claims
May 25, 2018 (Courtesy of CBC.ca) - Can insurance companies secretly plant cameras in a private business in the hope of catching it doing something wrong? That's the question an Ontario court will deal with next month as it determines whether criminal charges should...
Insurance company investigation uncovers ‘pervasive’ Ontario auto-body shop fraud
March 12,2018 (Courtesy of the Canadian Press) - Workers at auto body shops deliberately damaged cars, installed used parts but billed for new ones, or invoiced for phantom repairs, according to an investigation by a Canadian insurer that is calling on government to...
How do the US and Canada differ in the tussle against insurance fraud?
March 6, 2018 (Courtesy of Insurancemag.com) - Fraudsters will always find a way to cheat the system. All lines of business are vulnerable to the crime, including insurance, and organizations worldwide face the sometimes cumbersome task of continuously fortifying...