disability insurance fraud investigation

Mysterious Inventory Shrinkage

“SHRINKAGE” is the Industry Term to Describe Theft or the Mysterious Disappearance of Assets from a Company is the industry term to describe theft or the mysterious disappearance of assets from a company. 

Based on the average of various knowledgeable authorities, 4.2% of the gross revenue of a company is stolen by employees. For example, if a companies’ annual gross revenue is one million dollars then employees are stealing $42,000. Or, if an American made automobile costs $20,000 to manufacture than 840 bucks is added to the price to cover employee theft. Theft by employees takes many forms: embezzlement by employee, outright stealing of inventory, raw materials, scrap, time-card cheating, phony disability claims or worker’s compensation claims, phony FMLA excuses, embezzlement of cash or receivables, [...]

July 12th, 2017|Embezzlement|

Insurance Fraud is More Common Than You May Think

There are many kinds of insurance that individuals need to be covered for every event in life.  And here at International Investigators, we do conduct the following:  Personal Injury Investigations, slip and fall accident investigation, product liability cases, vehicle accident investigations, worker’s compensation fraud investigation and disability insurance fraud investigations and many times just fraud investigations.

We received a call from an insurance company that they had a claimant who filed a claim that his house had been broken into and his audio equipment had been stolen.  He estimated the worth to be around $35,000.00.  He had called the police and made a report and was given a police report.  In the report there were a few statements that just didn’t make sense to the [...]

Is it Stress or Is It Insurance Fraud?

By the time Hal met with International Investigators, he looked downright exhausted, not to mention angry. Nothing in life had been easy since the situation at his company had spun out of control.

By the way, “the situation” involved Hal's very successful real estate company and Gwen, his very difficult employee. Gwen was hired to be an administrative assistant after Hal explained that the role could be busy and stressful. Gwen had assured her new employer that she could very confidently complete all of the tasks. Hal was so impressed with Gwen that he did not follow through with the routine background investigation.

Five months after Gwen's probationary period ended, she began to frequently call in sick. Her absences gradually increased to once or even twice [...]

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    Private Investigators Prove Insurance Fraud with Surveillance Video

Private Investigators Prove Insurance Fraud with Surveillance Video

When Wanda fell on a wet floor at work, she claimed to have suffered multiple injury-related problems. She quickly filed for workers compensation and sued her employer for millions of dollars in damages. Because they had no access to a videotape of Wanda’s slip and fall accident, her employers had no way of proving that she was lying – and committing insurance fraud. They heard a few grumbles around the community from Wanda’s co-workers and a few of her neighbors too, stating that Wanda was not only pretending to be injured, she was bragging about how she had her previous employer pinned to the ground like a bug.

Frustrated and aggravated by the continuous stack of medical bills arriving in a thick manila envelope every [...]

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    Vehicle Accident Investigation Reveals After-the-Fact Insurance

Vehicle Accident Investigation Reveals After-the-Fact Insurance

People buy insurance for all those unexpected happenings in life. But not all people have insurance in place when those events occur. And that can lead to problems – for a lot of people.

The Natchez Democrat told the story of a man in Mississippi found himself in that latter group. He did not have insurance and hit a deer. He called a friend who encouraged him to get insurance immediately – and (here’s the rub) then claim the accident occurred after the policy was issued. So, that’s what he did.

After getting the policy, the claim was submitted, which prompted a vehicle accident investigation. Sometimes it is not clear when International Investigators gets called into a case whether it includes auto bodily injuries. But because [...]