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Unfortunately, insurance scams are just one type of auto fraud. According to a 2021 study using data from the FTC, Nevada is the worst state for auto-related fraud cases, with just over 346 cases ...
Geraldine Elizabeth Carmichael (born 1927 as Jerry Dean Michael) was briefly an American automobile executive and was a convicted fraudster.During the 1970s energy crisis, Carmichael promoted a prototype for a low-cost fuel-efficient car via Twentieth Century Motor Car Corporation, which car was never produced, and fled with investor money. [1]
The state ranks number one in staged car accidents across the US according to the National Insurance Crime Bureau [20] [21] and is the most expensive state for auto insurance. Being a no-fault insurance state that requires a certain amount of personal injury protection for auto insurance, [ 22 ] insurance companies are required to pay up to ...
The Twentieth Century Motor Car Corporation was an American automobile company started by Geraldine Elizabeth "Liz" Carmichael, in 1974, incorporated in Nevada. [1] [2] [3] The company's flagship vehicle was the Dale, a prototype three-wheeled two-seater automobile designed and built by Dale Clifft.
Auto-warranty scam. Most people don’t know quite when their car warranty or insurance is up, which is what makes this scam so universal. Here, the caller will impersonate your insurance company ...
The risk of fraud is very high, so it becomes exceedingly important to research the facility, read reviews, and get a second opinion when one feels a little insecure about some repair or another ...
John M. McNamara (born 1940) [1] [2] is an American former businessman who was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.
Gone are the days when all you had to worry about was a single slippery salesman in an auto showroom. Online car sales have brought their own special set of hucksters and charlatans, just aiming ...