New York City Fraud Ring Bust Earns Liberty Mutual Investigator International Honors; IASIU Names John Di Minno Investigator of the Year.BOSTON -- It all started with a single piece of evidence - in this case, a police report that wasn't quite right. But John Di Minno's suspicion revealed something he never imagined - an intricate insurance fraud scheme that infiltrated the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Police Department, the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State Department of Motor Vehicles In the United States of America, Department of Motor Vehicles (or DMV) is a commonly used name of the government agency of a U.S. state which administers the registration of automobiles (e.g., by issuing license plates), and/or the licensing of drivers (e.g. , a civic organization, and various insurance brokers. Di Minno's discovery led to "Operation Gateway," an undercover effort resulting in nearly 75 arrests of those who had conspired to defraud To make a Misrepresentation of an existing material fact, knowing it to be false or making it recklessly without regard to whether it is true or false, intending for someone to rely on the misrepresentation and under circumstances in which such person does rely on it to his or the insurance industry - including three Liberty Mutual Group companies - of more than $115 million. Recognition and thank-you's to Di Minno followed from the NYPD NYPD New York City Police Department (since 1845; New York City, NY, USA) NYPD New York Play Development , the New York State Department of Insurance Fraud Bureau and the Kings County District Attorney's Office. And now, his industry peers bestowed their highest honor upon him - the International Association of Special Investigative Units' (IASIU IASIU International Association of Special Investigation Units ) 2004 Investigator of the Year. The 4,000-member IASIU honors one investigator a year, and it is the second recognition for a Liberty Mutual investigator. Coincidentally, Di Minno's supervisor, Liberty Mutual SIU SIU Southern Illinois University SIU Seafarers International Union SIU Special Investigations Unit SIU Schiller International University SIU Special Investigative Unit SIU Salem International University SIU Societá Italiana di Urologia Manager John Huber, earned the honor in 1997. Di Minno is one of more than 120 Liberty Mutual personal lines investigators countrywide who specialize in deterring and detecting insurance fraud. Special Investigative Units in each of Liberty Mutual's eight U.S. Personal Market regions work closely with state departments of insurance and fraud bureaus, the National Insurance Crime Bureau "NICB" redirects here. NICB may also refer to the National Industrial Conference Board; see The Conference Board. The National Insurance Crime Bureau (NICB) is a North American non-profit membership organization located in Des Plaines, Illinois. , and federal, state and local law enforcement to identify and prosecute suspected insurance criminals. "Investigations like 'Operation Gateway' shine a spotlight on the scope of the insurance fraud problem in New York and throughout the country," said Glenn Wolf, manager of special investigations for Liberty Mutual, referring to the Insurance Information Institute's estimate of $24 billion countrywide that property/casualty insurance fraud annually costs the industry and consumers. "Shrewd investigative work by insurers and aggressive regulatory support by insurance departments - such as Superintendant Serio's - are moving us in the right direction; but in order to effectively eliminate this problem we need state legislatures to step up and pass tough, zero-tolerance laws." "John's efforts are certainly representative of IASIU's mission in that this case not only resulted in the apprehension of insurance criminals but acted as a major deterrent to others," said IASIU President Dan Fitzgerald. "John is a great example of the big role professional insurance investigators play in the fight against those who indiscriminately cheat the industry." About Liberty Mutual Boston-based Liberty Mutual (www.libertymutual.com) is a leading global multi-line group of insurance companies whose largest line of business is personal auto, based on 2003 net written premium. Liberty Mutual is the nation's eighth-largest writer of personal lines property and casualty insurance, with full lines of coverage for homeowners, automobile, valuable possessions and personal liability sold through more than 360 direct-sales offices, licensed Prudential agents, two telesales telesales Noun the selling of a commodity or service by telephone telesales npl → televentas fpl telesales npl → centers, and marketed through payroll deduction and direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test to more than 7,500 companies and associations. About the IASIU The International Association of Special Investigation Units is a 4,000-plus member group of insurance fraud investigators, other insurance professionals and members of law enforcement. The group provides fraud awareness training to its members, promotes a coordinated effort within the insurance industry to combat insurance fraud, and supports legislation that acts as a deterrent to the crime of insurance fraud and develops a greater awareness of the insurance fraud problem within the industry. For more information, visit www.iasiu.org. |
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