ICBC catching insurance fraudsters who boast on Facebook

VANCOUVER -- Motorists hoping to chisel a few extra dollars out of an auto claim are being warned that the Insurance Corporation of B.C.

See Full Article

has its cyber eye on them.

A release from ICBC notes it is fighting fraud by taking many of its investigations online.

A release from the Crown corporation says 2,350 Internet investigations began in 2015, frontline staff are receiving more training to detect fraud, and special fraud-flagging software is being introduced.

Investigators have already snared a woman who claimed she was too injured to work, yet participated in a roller derby, and a man who completed a demanding obstacle race was caught after saying he'd been seriously hurt in a car crash.

In several cases, investigators simply checked Facebook or other social media profiles of suspected fraudsters, revealing claimants enjoying strenuous sports despite alleging severe injuries.

ICBC says fraud costs the public auto insurer up to $600 million annually, raising premium prices for all drivers, and it urges everyone to report suspicious activities linked to vehicle accidents or claims.



Advertisements

Latest Economic News

  • U.S. treasury secretary welcomes Canada's Morneau as first foreign visitor

    Economic CTV News
    WASHINGTON -- The flurry of Canadian cabinet members visiting Washington proceeded Wednesday, with Finance Minister Bill Morneau the latest to head to a U.S. capital awash in policy debates with big implications for the northern neighbour. Source
  • Employment scam tops BBB's list of top scams for 2016

    Economic CBC News
    Canadians lost a reported $90 million to scams last year, according the Better Business Bureau's list of the top ten scams of 2016 The list was compiled with information gathered from the Bureau's scam tracker website, the Canadian Anti-Fraud Centre and concerns from community partners. Source
  • Canadians lost at least $90M in often 'savvy' scams in 2016

    Economic CBC News
    Canadians lost a reported $90 million to scams last year, but the total could be much higher, according to the Better Business Bureau. The BBB's newly released list of the top 10 scams of 2016 includes information from the bureau's scam tracker website, the Canadian Anti-Fraud Centre and concerns from community partners. Source
  • Air Miles sends belated apology to collectors after learning 'humbling lessons' in 2016

    Economic CBC News
    Air Miles wants to make amends with its members for a rough 2016, so it's emailing them an apology of sorts starting Wednesday morning. The year was "challenging" and "we learned very difficult, public and humbling lessons," Blair Cameron, head of Air Miles, says in the letter. Source
  • Hershey expects to cut 15 per cent of global workforce

    Economic CTV News
    HERSHEY, Pa. -- Hershey expects to cut its global workforce by about 15 per cent, with the reductions coming mostly from hourly employees outside the United States. The Pennsylvania chocolate maker also trimmed its forecast for long-term sales growth to between 2 per cent and 4 per cent, down from the previous 3 per cent to 5 per cent. Source
  • Women's retailer BCBG Max Azria seeks creditor protection, will close stores in Canada

    Economic CBC News
    Women's upscale fashion retail chain BCBG Max Azria is seeking protection from creditors in the North America, and plans to restructure, including closing all its standalone stores in Canada. The chain, founded in Los Angeles in 1989, has grown to 550 stores worldwide. Source
  • Uber CEO caught on video arguing about fares

    Economic CTV News
    LONDON -- Uber's CEO says he needs leadership help after a video has emerged of him arguing with a driver about fares. In a video obtained by Bloomberg News, Travis Kalanick is seen discussing Uber's business model with the driver. Source
  • Uber CEO, after outburst caught on video: 'I need leadership help'

    Economic CTV News
    Uber's CEO says he needs leadership help after a video has emerged of him arguing heatedly with a driver about fares. In the latest embarrassment to beset the ride-hailing company, CEO Travis Kalanick is seen discussing Uber's business model with the driver. Source
  • Ont. man denied $10,000 jackpot over casino 'self-exclusion' rule

    Economic CTV News
    An Ontario man was shocked when he recently won more than $10,000 at a casino, only to be told he wasn’t eligible to collect his winnings. John Marando, 82, recently thought he had met a run of great luck, when he won a jackpot while playing a slot machine at the Mohawk racetrack outside of Milton, Ont. Source
  • Ont. man denied $10,002 jackpot over casino 'self-exclusion' rule

    Economic CTV News
    An Ontario man was shocked when he recently won more than $10,000 at a casino, only to be told he wasn’t eligible to collect his winnings. John Marando, 82, recently thought he had met a run of great luck, when he won a jackpot while playing a slot machine at the Mohawk racetrack outside of Milton, Ont. Source