M2 PRESSWIRE-23 November 2004-Axcess News: Auto Insurance Scams are Big Business In Russia(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:11232004 (AXcess News) Moscow - Reforms in Russia often inspire new and innovative scams because laws are incapable of evolving fast enough to control every aspect of the changes in society.
When car insurance became obligatory in January 2004, there were no new norms installed to regulate the process. The resulting loopholes provided a fertile ground for people duping insurance companies. Auto insurance fraud is the most common form of insurance ...
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