There is growing evidence of increased cases of car owners fraudulently dumping their unwanted vehicles for insurance money, according to research by the Coalition Against Insurance Fraud.
Officials in nearly a dozen state and local jurisdictions around the United States report clear warning signs that so-called owner give-ups are rapidly spreading, CAIF said.
The signs include recent increases in suspected vehicle arsons, rising investigations of suspected give-ups, and in some cases a spike in arrests, the coalition reported.
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