The Coalition Against Insurance Fraud estimates that insurance fraud steals at least $308.6 billion every year from American consumers. Insurance frauds leading to criminal prosecutions and civil cases will no doubt continue this year and for years to come. The prosecutions and convictions, however, often lag years behind the commission of the frauds and in most cases touch only upon the proverbial The Coalition Against Insurance Fraud estimates that insurance fraud steals at least $308.6 billion every year from American consumers. Insurance fraud leading to criminal prosecutions and civil cases will no doubt continue this year and for years to come. The prosecutions and convictions, however, often lag years behind the commission of the frauds and in most cases touch only upon the proverbial "tip of the iceberg." (Credit: Seth Wenig)

Lawyers, accountants, other professionals, business people and consumers who are not directly involved in discovering, challenging and litigating insurance fraud matters likely would be shocked to learn about the breadth and prevalence of these schemes.

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