New Jersey investigators report they have broken up a fraud ring that allegedly set up nearly 100 auto crashes and cost insurance companies some $2 million in bogus claims, according to the Associated Press.
Grand juries indicted 28 individuals, charging them with racketeering, conspiracy, fraud and theft by deception.
The crashes took place in New Jersey and New York City between 1997 and 1999. The defendants reportedly chose to set up crashes or participated by driving cars into fixed objects or vehicles whose occupants were not involved in the conspiracy.
The participants then went to clinics where they were treated for nonexistent injuries.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
Brown & Brown Wins Temporary Injunction Against Howden 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
