Source: Fortune.com
Summary
Three people in California have been sentenced for insurance fraud after staging fake bear attacks on luxury cars, including a Rolls-Royce and two Mercedes, to submit fraudulent claims totaling nearly $142,000. The scam, dubbed “Operation Bear Claw,” involved a person in a bear suit damaging the vehicles, and the group provided fake videos and photos to insurance companies as evidence. A California Department of Fish and Wildlife biologist reviewed the footage and concluded it was a human in a bear suit.
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The scam involved a bear costume, fake videos, and a biologist’s expert opinion. The group’s plan was to deceive insurance companies into paying out nearly $142,000. Two of the suspects were ordered to pay over $50,000 in restitution. The case is a reminder that insurance fraud can take many forms, including the absurd and the creative.
It sounds like someone took the phrase “bear market” a bit too literally.
Author: Evan Null
