Insurance fraud schemes impact everyone, including Veterans

 106 total views,  4 views today

Military Veterans and retirees reported $66 million in fraud losses in 2020, according to Federal Trade Commission (FTC) data. Fraud is the second-most-costly white-collar crime in America. These crimes add up to billions of dollars in fraudulent insurance claims every year. Even if you haven’t suffered a direct loss, you are still a victim of insurance fraud. Not only does fraud cause higher insurance premiums, but it also raises taxes and inflates prices for consumer goods.

Hits: 2

Want more information on benefits and programs related to , ?

More Stories