Fraud-fighter Linda Webb, an expert in fraud investigation, has developed an idea for a TV show set tokick off soon. Webb, who was previously in charge of AIG's globalfraud operations and currently serves as president of ContegoServices Group, has been involved in the investigation ofhigh-profile cases, managing over $1.2 billion in exposure.

“I've always said all along that the best way to stop fraud isto educate people about fraud,” Webb said of the TV show concept,adding that it is true of all scenarios. “With Bernie Madoff, if more people had understood Ponzi schemes,don't you think less people would have fallen prey to them?”

The show will be set up like America's Most Wanted (AMW), witheach episode featuring a re-dramatization of a fraud scheme basedon a live case with which Webb has worked.

“He funneled everybody to help him solve crimes,” Webb said ofJohn Walsh, host of AMW. “That's what I want to do—have theAmerican public funneled to me—to tell me what's happening so thatI can help.”

The Process

“In one episode, we'll go through a staged auto accident andtalk about how mothers and elderly people are common targets,” Webbcontinued, urging consumers to be at the ready. “If you end up inan accident, we'll tell you to take pictures with your cell phone of all of the cars, people, and anything elseinvolved.”

Webb's concept of Swiftly Working Assessment with RapidMethodology (SWARM) is what she said has made her so successful inthe insurance industry.

“In the insurance world, people are so concerned with the frontend that the back end isn't monitored,” Webb explained, noting heruse of silo management. “We've taken the walls down so we can allwork together and attack the front and every variable of thebusiness process.”

In addition to insurance fraud, the TV show will also uncoverscams involving mortgage fraud, Medicare fraud, and even Craigslist scams.

“When people are done watching, they've been educated about afraud scheme, they understand it enough to be able to tell otherpeople, and the objective is that they won't become part of thatscam because they understand how things work,” Webb said.