NINE NEW FRAUDSTERS JOIN “HALL OF SHAME”:

Nine of the nation’s top convicted insurance swindlers of 2003 have been elected to the Insurance Fraud Hall of Fame by the Coalition Against Insurance Fraud (www.InsuranceFraud.org). The East Coast scored well with a third of the inductees. They were: Prescott Sigmund, an unemployed man from Washington, D.C., who tried to blow up his father for life insurance money. A pipe bomb in his father’s SUV blew up Sigmund’s brother instead. Eye surgeon Shaul Debbi from New York City, who reportedly performed dozens of worthless eye operations on mentally disabled residents of adult homes to hike his insurance billings; and insurance adjuster Marc Rossi of Hamilton, N.J., who reportedly torched six buildings to steer insurance claims to his business. Rossi even bribed a fireman to let one building burn longer so Rossi would get a larger adjusting commission.

Topics Fraud Numbers