Tuesday, January 4, 2011

Who's Dreaming Gov. Scott?


In his inaugural address today, newly installed Florida Gov. Rick Scott said "dreams are the stuff Florida is made of." He also fervently expressed his desire to remove every shred of regulatory oversight that he says hampers the private sector.

Below are some facts about fraud in Florida. Who is dreaming?

Florida Ranks No. 1 Nationally in Mortgage Fraud
Recent figures reveal that Florida ranks first in the nation as it relates to those whose mortgages are seriously delinquent. But that is not the only dubious distinction where Florida tops the nation. Now, reports indicate that Florida can also claim first place in the number of mortgage frauds.

Expect major new busts in fighting $2.5 billion Florida fraud rings
South Florida easily ranks number one when it comes to healthcare fraud in the U.S., which is why the two are holding the first of several meetings across the nation right here.

Tampa Ranks First in Auto Insurance Fraud
Wondering where the highest cases of auto insurance fraud have occurred in the past year? Look no further than Tampa, Fla. According to the Tampa Police Department, the city is number one for fraudulent auto insurance claims.

Special Agent Ellen Wilcox
Florida ranks first in the nation in mortgage fraud, and the Florida legislature has passed stringent legislation facilitating the investigation and prosecution of perpetrators of mortgage fraud.

Florida Ranks Third for Identity Theft

The State Attorney’s Office says the latest statistics show Florida moving up on the list of states with high rates of identity theft.

Miami clinic owners arrested in PIP fraud sweep
The Florida Division of Insurance Fraud made more than 830 insurance fraud-related arrests in the last fiscal year.
According to a recent National Insurance Crime Bureau report, Florida leads the nation in staged accidents. In the first half of last year, Florida had 631 staged accidents.

Identity Theft Information In Florida: Don't Be A Victim!
Florida ranked 6th in identity theft rating in the entire United states. The most common locations of these thefts are Miami, Orlando, Tampa, Jacksonville, and Fort Lauderdale.

New Report Ranks Florida Number One for Mortgage Fraud

Florida AG Likens Mortgage Fraud to "State of Emergency"
Florida ranked second in the nation for mortgage fraud activity during 2008, after ranking first during 2006 and 2007, according to recent data released by the Mortgage Asset Research Institute, or MARI.

10 busted for auto insurance fraud; you're paying for it
Tampa, Florida -- The Tampa Bay area has earned a claim to fame we'd rather not have, ranking first in the state when it comes to staged auto crashes and second in the country behind Brooklyn, according to the National Insurance Crime Bureau.


Fraud Friendly Florida
"Retirees in Florida are losing their homes to foreclosure, not because they didn't pay their bills as required, but because the laws of Florida leave them unprotected."

1 comment:

Jazzie Casas said...

Last year was kinda a bizarre year for the mortgage market. In the first half of the year, you had a decent number of home sales keeping mortgages for purchases stable, thanks to the home buyer credit. In the second half of the year, that changed as demand crumbled when the credit was withdrawn. At the same time, you had very low mortgage interest rates throughout much of the year cause a mini-refinancing boom. 2011 will look very different, as the housing demand continues to struggle and mortgage interest rates have begun rising.





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