California Department of Insurance, Vehicle hostage scams
16 arrested in alleged auto insurance fraud scheme; officials warn of ‘vehicle hostage’ scams
A probe into auto insurance fraud across Southern California has led to arrests of 16 people involved in an alleged scheme that preyed on car accident victims in the Inland Empire, and has prompted the California Department of Insurance to warn drivers about tow truck companies holding vehicles hostage for cash.
The scam involves your car being held "hostage" and you being forced to pay a large amount of money to get it back.
The trucking industry is under attack from rising insurance costs, cargo theft, and nuclear verdicts. Now, fraudulent staged accidents have emerged as another costly threat, orchestrated by criminal ...
The California Department of Insurance has issued a public service announcement warning drivers in the state about increased ...
Officials charged 16 people who reportedly made a total of $217,000 by scamming accident victims in the LA area.
As a former claims handler and fraud investigator ... inexperienced drivers are more likely to be in accidents, which results in higher car insurance rates. Location-driven risk factors ...
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