While conducting an open discussion during a financial seminar with local investors, Mr. Orchard stated, “The common thread, almost without fail, in financial scams is the lack of a proper and complete due diligence process on the part of investors. It is almost beyond comprehension an individual or organization would invest millions of dollars without conducting a comprehensive financial and personal background investigation concerning the principals and individual businesses you intend to invest with. Your attorney, CPA and financial advisor can only provide an opinion concerning the numbers, and remember, those numbers were supplied by the very individual you intend to invest with. If you want a complete picture then a comprehensive background investigation must be completed, without fail.”

Our investigators have been involved with every level of this insidious white collar crime wave that is quickly becoming one of the leading causes of insurance premiums rising much faster and higher than our inflation rate would seem to justify. The current Administration is attempting to overhaul the health care system in the US, but until all parties having a stake in this, take their part seriously by reporting all suspected cases of fraud, then this problem will continue and more likely than not, get even worse.

Much like financial frauds perpetrated over a long period of time, there would have been many “red flags” able to be seen that should have brought this scheme to light long before it did. Beacon International Group stands ready to assist in eliminating insurance fraud at all levels, including workers compensation claims, disability claims, slip and fall accidents, fraudulent auto and property claims. The majority of our Field Office Managers are prior Special Agents with the FBI with extensive experience in dealing with large scale fraud cases.