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A staged crash, or crash for cash is when criminals maneuver unsuspecting motorists into crashes in order to make false insurance claims. The cars generally suffer little damage in relation to the large demand that is then fraudulently submitted. According to the Coalition Against Insurance Fraud, staged car crashes are a growing criminal problem.
The court determined that the Corvette was not given as a gift because Sport Magazine had a motive for giving it beyond a 'detached and disinterested generosity' (a requisite for a judicial finding of a 'gift'). [10] The court held that the Corvette clearly qualified as a prize or award under section 74(a) of the tax code (26 U.S.C. 74(a)).
The driver of a C5-generation Chevrolet Corvette coupe crashed into a Burger King fast food restaurant in Suffolk, Virginia. No one was reported injured. Corvette Driver Apparently Misses Drive ...
[10] [8] He won the case on appeal in January 1970 and was awarded $425,000, which he used to establish the Center for Auto Safety, a non-profit advocacy group. He went on to lobby for consumer rights , helping drive the creation of the U.S. Environmental Protection Agency and the passage of the Clean Air Act , among others.
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Automotive content creator Nathan Narra, more widely known known as "NateNation" on YouTube, was killed in a rollover crash involving a C8-generation Chevrolet Corvette in the Metro Detroit area ...
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. [1] Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public.
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