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Insurance Fraud California

BUSINESS
August 12, 1999 | DAVAN MAHARAJ and RYAN CORMIER, TIMES STAFF WRITERS
In a major blow to prosecutors and state insurance officials, a jury Wednesday acquitted four men who were accused of running California's biggest workers' compensation fraud mill. Among those found not guilty were James W. Eisenberg, a 58-year-old Santa Monica doctor who headed a medical chain called Amerimed Medical Corp., and Michael J. Lightman, 49, of Rancho Palos Verdes, who ran a network of legal, marketing and bill-collection businesses.
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BUSINESS
March 31, 1999 | Jeff Leeds
A federal grand jury issued a new indictment against a Beverly Hills doctor accused of defrauding his insurers by engineering the theft of two fine artworks from his home. Court documents show the grand jury charged Steven G. Cooperman with two counts of making false statements to a financial institution and one count of subscribing to a false tax return.
BUSINESS
January 21, 1999 | Jeff Leeds
A former federal prosecutor has been charged in a case that underscores the potential for fraud in the complex world of fine art insurance. James P. Tierney, who worked as a federal prosecutor in New York and Los Angeles before entering private practice, aided one of his clients in a conspiracy to fake the theft of works by Picasso and Monet and defraud two insurance companies, according to a document federal prosecutors filed in U.S. District Court in Los Angeles.
CALIFORNIA | LOCAL
September 12, 1997
Citing an increase in staged auto accidents around the state, Insurance Commissioner Chuck Quackenbush announced legislation Thursday that would make staging crashes for fraudulent insurance claims a serious felony subject to the three-strikes law. Quackenbush announced the legislation in Bell near the site of a fiery crash in February that killed a family of three. The measure, authored by Sen.
BUSINESS
August 21, 1996 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
At least 13 people were arrested Tuesday during raids on medical and legal clinics in Southern and Northern California as part of a statewide crackdown on auto and health insurance fraud, which costs consumers hundreds of millions of dollars each year. Dubbing Los Angeles "the auto insurance fraud capital of the world," federal, state and local officials said the two alleged fraud rings broken up in the raids operated by contriving automobile accidents.
BUSINESS
June 30, 1995 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Two years to the day after a massive sweep in which documents were seized from more than 150 locations, authorities Thursday arrested the two alleged kingpins of what they called California's biggest-ever workers' compensation fraud, a complex statewide operation that at its peak raked in billings of up to $2 million a month. Arrested at their homes Thursday morning on 49 felony counts were Dr. James W. Eisenberg, 54, of Santa Monica, who headed a medical chain called Amerimed Medical Corp.
NEWS
May 4, 1995 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
President Clinton announced on Wednesday a special federal-state campaign to crack down on Medicare fraud in California and four other big states where complaints are rising about alleged chicanery in nursing homes and home health care agencies. Speaking to enthusiastic delegates at the White House Conference on Aging, Clinton pledged to protect Medicare from crooks and cheats while also keeping it safe from political and budgetary pressures.
NEWS
April 6, 1995 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Nearly two-thirds of auto injury medical claims by Californians are exaggerated at best and phony at worst, resulting in as much as $3.5 billion a year in additional insurance premiums, according to a new study released Wednesday by the RAND Corp. Blaming the perverse incentives built into the state's legal system, the study noted that California's rate of excess claims is almost twice the U.S. average and adds up to $250 a year to the typical auto insurance bill.
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