Easy Prey24 Aug 2022

Tips to Avoid Insurance Fraud with Tony Royall

Predators look to take advantage of people during the roughest situations of life. A perpetrator of insurance fraud makes a career out of milking the system thinking it's a victimless crime. Today's guest is Officer Tony Royall. Officer Royall started in the Virginia Department of State Police in 1986. He worked in Accident Reproduction and then became an agent in Narcotics. Officer Royall has now been working in Insurance Fraud for the past 22 years.

Show Notes:

[0:47] - Officer Royall shares his background in law enforcement.
[2:24] - Over the years, there have been a lot of wild insurance fraud cases for Officer Royall. He describes a recent one that had an unexpected twist.
[4:47] - How was this insurance fraud discovered?
[7:18] - One of the most prevalent insurance fraud situations is staged auto accidents.
[9:01] - Officer Royall describes another case and what the result was for the perpetrator staging accidents and fabricating medical bills.
[11:15] - Investigations are geared toward the people who intentionally commit crime.
[12:55] - Staged accidents that are insurance fraud are usually committed by multiple people working in tandem.
[13:59] - Officer Royall explains another type of insurance fraud case involving a staged slip and fall accident.
[15:59] - Sometimes people take the opportunity to purposefully stage an accident in a public place.
[17:54] - With every case of insurance fraud, premiums for everyone else could go up.
[19:53] - There are times when the police are contacted by insurance agencies, but are mostly contacted about insurance fraud by possible victims.
[21:18] - Always make sure your policy is up to date and periodically check on things to be sure it's active.
[22:13] - Read the policy and what is covered.
[23:14] - Keep an inventory of high ticket items in your home and business including serial numbers. Documentation is extremely helpful in the event of fraud.
[25:20] - Catastrophic events create opportunities for perpetrators trying to solicit.
[26:15] - If you find yourself in an automobile accident, take photos of the damage of both cars and document details.
[28:02] - How can you document details of an accident?
[29:21] - Be diligent and make as much information known as possible.

Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.

Links and Resources:

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(329)

Job Recruiter Scams

Job hunting is hard enough without having to stop and ask whether the recruiter in your inbox is even real. My guest today, Jay Jones, ran into that problem firsthand after being laid off in December ...

24 Jun 35min

Bail Bonds Scams

Getting a call that someone you love has been arrested is scary enough. Getting that call from someone who sounds official, knows just enough to seem credible, and says you have to send money right aw...

17 Jun 36min

Confessions of a Fraudster

Technology keeps changing, but many of the most effective scams still come down to something very human: trust. My guest today is Tony Sales, co-founder of We Fight Fincrime and Underworld TV. Tony ha...

10 Jun 54min

Personal Safety

Scams and safety threats don't always announce themselves. Sometimes they start quietly, with a moment of distraction, a strange feeling you ignore, or a situation that shifts just enough to test whet...

3 Jun 43min

Data For Sale

Everyday conveniences ask for tiny pieces of information all the time like a phone number at checkout, a zip code at the register, an email address for a receipt, or a loyalty account for a small disc...

27 Mai 43min

Exploiting Psychology

Scams are often explained as a failure of judgment, but the truth is far more human. People are not fooled because they are foolish. They are manipulated at the exact moment emotion overrides logic, w...

20 Mai 45min

Investment Traps

Investment losses can be confusing because they do not always tell the whole story. Sometimes money is lost because the market has changed. Other times, an investor was sold something they did not und...

13 Mai 47min

Elder Exploitation

Aging parents often rely on the people closest to them for help, but what happens when that help becomes a way to take control? For Charles Wallace, the warning signs started small. His mother's fridg...

6 Mai 39min