Beverly Hills Insurance Fraud Attorney

Insurance Fraud Charges in Beverly Hills

Insurance fraud occurs when a person purposely provides incorrect information in order to receive a benefit that they would not normally receive if they had provided truthful information. In the case of businesses, insurance fraud occurs when a company does not provide a benefit that the policy holder is entitled to receive.

People who commit insurance fraud commonly do so by inflating losses on a claim, or over-insuring where the value of the covered possessions are significantly less than the stated value. It can be difficult for insurance companies to identify a false claim that looks like a legitimate one, which makes insurance very easy to exploit.

The main motivation behind committing insurance fraud is money. Common types of this type of fraud include life insurance, health care insurance, auto insurance, or property insurance. If you or someone you care about has been charged with insurance fraud, speak with a Beverly Hills criminal defense lawyer right away.

Penalties for Insurance Fraud

There are a variety of penalties that may be levied for being found guilty of insurance fraud, and they vary depending on the severity of the fraudulent claim in terms of financial loss, in addition to the number of fraudulent claims the accused is being charged with. Possible penalties include fines that differ according to the amount of monies lost, restitution, probation, and the specific crime. Mark Haushalter and Ryan Okabe have extensive experience defending insurance fraud charges, and can produce the best possible case.

Contact a Beverly Hills insurance fraud defense attorney from the law offices of Okabe & Haushalter as soon as possible if you or a loved one has been charged with insurance fraud so that you can get the justice you deserve.