Investment scams and charity fraud crop up after every natural disaster. But Hurricane Sandy is the first U.S. catastrophe to occur in the social-media age. "We are in uncharted territory," says Andrew Stoltmann, a Chicago securities attorney. "And social media has expanded the tentacles of scamsters exponentially." A decade ago fraudsters had to rely on…
Read more
NICB Warns of Fraud in Aftermath of Hurricane Sandy
DES PLAINES, Ill., Oct. 31, 2012 — As the Mid-Atlantic and Northeast regions recover from Hurricane Sandy, personnel from the National Insurance Crime Bureau (NICB) stand ready to assist law enforcement agencies, insurance and car rental companies with identifying and cataloging vehicles damaged by Hurricane Sandy with the goal of preventing damaged vehicles from being resold…
Read more