D.A.’s Office Uncovers Sophisticated Car Theft And Insurance Fraud Ring

  Friday, August 12th, 2016 Source: Insurance News Net

Bogus insurance. Fraudulent registrations. Stolen cars disguised and resold to unsuspecting customers. Those were some of the tactics prosecutors say were used by dozens of people and three corporations in what they described as an auto-theft and insurance-fraud ring that operated in Philadelphia for years. "This was a massive criminal enterprise," District Attorney Seth Williams said Wednesday as he announced charges against 32 people. Assistant District Attorney Linda Montag, who oversaw the investigation, described the ring as "a detailed, intricate criminal organization with many moving parts," allowing coconspirators to generate tens of thousands of dollars in profits.

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