GOTCHA- Fraud Expert's New Book Opens Pandora's Box of Marine Ins. Fraud

Marine Insurance Fraud, The CIA and Venezuela, Hugo Chavez, The Arthur Andersen Conspiracy and the American Society of Appraisers

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Steal, Cheat, and Lie Your Way to the Top - a growing practice on both sides of the Atlantic that’s costing consumers millions each year. Anyone who doubts the level of corruption in the insurance industry might speak with Eliot Spitzer, the New York State Attorney General. Marine insurance is supposed to be based on Uberrimae Fidei or utmost good faith but it hasn’t always worked out that way. Author Ed Geary closely examines the background of marine insurance fraud and the clever schemes that are used by boat owners, loss adjusters, insurance brokers, and marine underwriters. ‘Gotcha’ addresses important technical issues of marine claims while providing the reader with an inside view to a number of fascinating case files. ‘Gotcha’ also shows the ease at which Caribbean cruise ships could be destroyed by terrorists.

• During his five-year USCG training mission of the Venezuelan Coastguard Geary’s disclosure of the CIA’s clandestine Operation Deep Six to destabilize the elected government of Venezuela and install Hugo Chavez as president put him in the cross-hairs of the Agency. Silencing him became an even greater priority when Geary exposed the CIA’s involvement in the theft of high value yachts used in foolish schemes to smuggle narcotics from Colombia to the United States, ostensibly to catch the “Big Guys”.

• ‘Gotcha’ delves into the flawed business practices of The London Salvage Association that ultimately destroyed an organization which has been around since the reign of Queen Victoria; further revealing the fraud and “trickle-down-corruption” that has tainted the Lloyd’s Agency System.

• Before the melt-down of Enron and WorldCom the author’s exposure of the cover-up of Arthur Andersen’s fraudulent ship valuation conspiracy brought forth the wrath of Andersen’s lawyers and threats on his life. Andersen’s co-conspirators in the cover-up of the fraud involved the once reliable Lloyd’s List in London, the American Society of Appraisers and the American Institute of Certified Public Accountants in New Jersey.
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http://www.emediawire.com/releases/2005/1/emw193755.htm