AI fraud schemes could cost US taxpayers $1 trillion: expert
Haywood Talcove, the CEO of LexisNexis Risk Solutions' Government division, told Fox News Digital that he believes there will be over $1 trillion in artificial intelligence-assisted fraud if U.S. doesn't act quickly.
An Atlanta woman is wanted for attempting to deceive a travel insurance company by altering her son's medical records after he tested negative for COVID-19, authorities allege.
Takeidra Davis, 37, purchased travel insurance for a planned vacation in January 2022, the Georgia Office of Commissioner of Insurance and Safety Fire said.
"In the policy, it clearly states that a dependent must be sick at the time of the trip in order to receive a refund," Insurance and Safety Fire Commissioner John F. King said in a statement. "When Ms. Davis’ son recovered and tested negative for COVID-19 the day before their vacation, the suspect altered her son’s medical record to indicate a positive test result during the policy period."
Takeidra Davis, 37, is wanted for attempted travel insurance fraud for altering her son's medical records to reflect a positive COVID-19 test, authorities said. (Georgia Office of Commissioner of Insurance and Safety Fire)
Warrants were issued July 6 for Davis, who's currently wanted by authorities. She is charged with insurance fraud and forgery after attempting to defraud a travel insurance company.
The Insurance and Safety Fire Commissioner's Office is responsible for investigating insurance-related crimes in Georgia.
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A report released last week by Verisk, a data-analytics and risk assessment firm, and the Coalition Against Insurance Fraud, said 87% to 96% of older respondents consider insurance fraud a crime.
Around 75% of those under age 45 consider it a crime, the study said.
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