Insurance Fraud Laws in Virginia
Under Virginia Code § 52-36, insurance fraud is obtaining money or signature by false pretense related to insurance. Obtaining money, signature, or other property by false pretense and with the intent to defraud can be a felony in Virginia.
Types of Insurance Fraud
There are as many types of insurance fraud as there are types of insurance, including:
- Auto insurance fraud,
- Rental insurance fraud,
- Home insurance fraud,
- Life insurance fraud,
- Workers' compensation fraud,
- Unemployment insurance fraud, and
- Health insurance fraud.
Insurance fraud generally involves filing a false claim to obtain money from the insurance company. This could include overestimating the value of lost items, using insurance to cover another person who does not have insurance, or causing damage to get money from an insurance claim.
Penalties for Virginia Insurance Fraud
The penalties for insurance fraud may depend on the specific criminal charges. Insurance fraud may involve multiple criminal offenses including:
Larceny, or theft, of $500 or more is classified as grand larceny. A conviction for grand larceny fraud can include up to 20 years in jail. In addition to criminal sentencing, the defendant may also be ordered to reimburse any fraudulently obtained money or property.
Using another person's identifying information to commit insurance fraud without their knowledge may be considered identity theft. Identity theft can be a Class 6 felony if the theft results in a financial loss of $500 or more. The penalties for identity theft include up to 5 years in prison.
My sister applied for a couple dudes we know that is locked up for a while now and got approved. Imagine being locked for some years and then get debit card with 8k or better on it.
he ain't coming back anytime soon.
if he does, he's a snitch.
