The explosion of social media has opened a vast new trove of information — true and false — for people to express themselves and learn about the world.
In doing so, it has created an entirely new channel of communication for scammers that perpetrate fraud, and also for insurance companies to discover fraudulent claims.
For instance, consider the case of a California corrections officer who filed for disability benefits due to a back injury. Two days later, he participated in a mountain bike race, a fact that was discovered after Facebook posts, his headcam videos and race standings appeared online. He served 45 days in jail and paid a $5,000 fine.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
