Why do scams occur in india

They may use a fictional name, or falsely take on the identities of real, trusted people such as military personnel, aid workers or professionals working abroad.

Why do scams occur in india

6 red flags for online dating scams - CBS News

When people cheat insurance companies out of money, the honest people that pay premiums pay through increased insurance costs. You can help stop insurance fraud by contacting your state department of insurance and giving as many details as you possibly can about the fraud that you witnessed.

Consumers should learn to be vigilant in identifying insurance fraud by becoming familiar with the 10 most common forms of fraud.

Stolen Car There are two ways that criminals perpetrate the stolen car insurance fraud scam. The first type of stolen car fraud is when a car owner sells his car to a body shop to be cut up for parts and then reports the car as stolen. The body shop is in on the fraud, so the authorities are never told about the sale for parts.

The second most common way that criminals commit stolen car fraud is to sell the car to an overseas buyer, make the transaction without any paperwork, ship the car overseas and then report it stolen.

Car Accident The next time you see a car accident, you could be watching insurance fraud in action. In most cases, the driver and accident victim are the only ones in on the scheme. In other cases, the driver, victim, insurance investigators and even some of the bystanders that give statements are in on the fraud.

The value of the vehicles is greatly inflated and the insurance payoff is for two totaled vehicles. Car Damage Any form of insurance fraud is illegal and damaging to the insurance company.

Some people will report a small car accident, get an estimate for damages, collect the insurance check and then not get the car fixed.

This is single most common form of auto insurance fraud going on, and it happens constantly.

Why do scams occur in india

The people doing it see no harm in it, but the money the insurance company pays out comes from premiums paid by other customers, which will go up the more often this fraud is committed. Health Insurance Billing Fraud Unfortunately, health care professionals will sometimes get in on the insurance fraud act.

For example, you may go in for a regular check-up but your doctor decides to bill your insurance company for an in-office surgical procedure that never happened.

The patient is the victim of fraud and does not even know it. Unnecessary Medical Procedures If it seems like your doctor is ordering you to go for unnecessary testing, then you may be the victim of insurance fraud.

If you go to the doctor for a sore arm but your doctor orders a series of blood tests that have nothing to do with your arm, then that could be a common form of insurance fraud.

Staged Home Fires Homeowners insurance fraud costs insurance companies and their customers billions of dollars each year. One of the most common form of homeowners insurance fraud is the staged fire or act of vandalism.

Lori Richards

This can be done in one of two ways. The homeowner either removes important family items before the fraud takes place, or the homeowner makes sure that the insurance company knows the value of the expensive items and then has them destroyed.

In almost every case of a staged home fire, the homeowner is not home and can account for his whereabouts when the event took place. Criminals are hired to set fire to the home, or break in and vandalize the home to make it look like the homeowner was victimized.Why there are so many scam outsourcing companies in India that make cold calls and loot foreign citizens on the phone?

Are there any outsourcing companies in India that can make me notebooks under my brand name? Why do . Why Do Scams Occur in India?

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Essay richest people list, technology, education, strong media, politics on the positive side and when we looking into the worrying part comes big scams, curruption, etc. We are hearing about new scams almost every week these days and interestingly most of these scams are picked up by the media rather than any of.

India is growing well, growing well in all terms, like strong economy, great infrastructure, top businessmen, more number of Indians in forbes richest people list, technology, education, strong media, politics on the positive side and when we looking into the worrying part comes big scams, curruption, etc.

Why do scams occur in india

Obedience to authority is ingrained in our culture and workplace. When someone in a position of authority asks an employee to do something unethical or illegal, they can find it difficult to say no. Why Do Scams Occur in India? Words | 4 Pages tax payers which should be used for the development of the country rather than to boost the economy of the countries where these money are hidden.

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India United Kingdom United States These Windows tech support scams aren't new -- they've been around for years -- and their motives and reasons vary by scammer. don't. Don't pick up the.

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