FEMA flood insurance fraud questions remain

As the story of FEMA fraud in systematic alteration of Sandy claim documentation reports continues to unfold in the media, it seems odd that President Obama would choose this time to recognize the agency for its disaster preparedness. On May 31 the White House issued this press release praising the agency.

One thing I am learning from additional reading is that fraud is prevalent in all disasters and is perpetrated by government, insurance companies, repair contractors and other entities alike. Assuming that the criminal allegations are true in this matter, it is still not clear why this government agency would apparently design and condone systematic fraudulent procedures that benefits private insurance companies at the expense of individual policyholders. In other words, it is not clear what benefit FEMA agency officials derived by allowing employees to altering or forging third engineering reports and other similar crimes.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s