The International Association of Special Investigation Units (IASIU) will be providing hands-on training for investigators during its annual seminar in Greensboro, N.C. The conference will be held from Sept. 14-17 at the Sheraton Four Seasons and Joseph S. Koury Convention Center. Two live vehicle burns will be held on Sept. 17th at a vacant lot adjacent to the conference area.
Insurance fraud costs consumers more than $80 billion a year in fraudulent claims ranging from accidental fires, auto thefts, slip and fall injuries and other activities.
"People are often upside down on their car, meaning they owe more than what it's worth," said IASIU President Wade Wickre. "They don't want to sell it at that price, so they seek an alternative by deliberately setting the car on fire and claiming it as a total loss with their insurance company."
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