<story><title>The wildest insurance fraud scheme in Texas</title><url>https://www.texasmonthly.com/articles/it-was-never-enough/</url></story><parent_chain><item><author>theli0nheart</author><text>Given how long it took to catch him, after years of outrageous purchases and shady business dealings, it makes me wonder if frauds are much more common than conventional wisdom would lead one to believe.</text></item></parent_chain><comment><author>3pt14159</author><text>Fraud is extremely common and the best way to avoid it is to get personal recommendations for anything important, like business contacts, lawyers, or accountants.&lt;p&gt;Over a decade ago, a friend of mine was under the legal age when he sold his collection of websites with the same theme for around $100m. I&amp;#x27;m sure you&amp;#x27;ve heard of at least one of the properties. Being underage, he didn&amp;#x27;t know how to protect himself, and he gave his lawyers power of attorney. They took almost the entire acquisition for themselves and left the USA.&lt;p&gt;That&amp;#x27;s fraud. Those guys are still out there. He contacted other lawyers and they basically said &amp;quot;it&amp;#x27;s been too long the money is gone and so are these criminals.&amp;quot;</text></comment>
<story><title>The wildest insurance fraud scheme in Texas</title><url>https://www.texasmonthly.com/articles/it-was-never-enough/</url></story><parent_chain><item><author>theli0nheart</author><text>Given how long it took to catch him, after years of outrageous purchases and shady business dealings, it makes me wonder if frauds are much more common than conventional wisdom would lead one to believe.</text></item></parent_chain><comment><author>ideals</author><text>Well MLM scams are alive and well today and have been coming out of Utah for the last 20 years so I&amp;#x27;d say fraud is pretty common. Check Craigslist for some fun frauds and scams, they&amp;#x27;re right out in the open. Social media are open markets for fraud too</text></comment>