Go figure: fraud data

 

 

IRS enforcement

The IRS combats criminal tax and money laundering violations involving insurance claims and fraud against insurance companies. Agent/broker premium diversion and re-insurance fraud are among the internal fraud schemes. Phony insurance companies, offshore/unlicensed Internet insurers and staged auto accidents are among the external fraud schemes.

1. 30 insurance-fraud investigations initiated
2. 21 prosecutions recommended
3. 21 indictments
4. 12 sentenced
5. 83.3 percent incarceration
6. 19-month average to serve