Tuesday, March 12, 2013

Like a drug ring?

Intellectual confusion abounds in law enforcement;

Forty-one defendants have either pleaded guilty or reached plea agreements after profiting from false insurance claims for losses of tobacco, soybeans, wheat and corn. Often, the crops weren't damaged at all, with farmers using aliases to sell their written-off harvests for cash.
Prosecutors compared the case to busting a drug cartel, where federal investigators used a confidential informant to ensnare a key participant in the sophisticated fraud, who then agreed to implicate others. That first wave of prosecutions led to still more names to investigate.
A drug cartel?  Selling perfectly legal commodities?  That one doesn't even need a doctor's prescription to buy?

How about garden variety insurance fraud, if you need an analogy?  Oh, we don't know, like 'liar loans' for the purchase of a home by a 'house flipper'?

Speaking of another type insurance scheme cooked up by the federal government.

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