PART 2 - Here is What you Need to know about Insurance Fraud Investigations

As one of the best and skilled financial fraud investigator Dallas, we have realized the importance of our word. Hence, as promised earlier, here we are to throw some more light on the subject of insurance fraud investigations.

Following are some more things you need to know about the same.

3. Surveillance and stakeouts are still relevant

Surveillance makes sure that a person’s claims are in fact backed up by their behavior. For example, if someone happens to claim an injury, then their lifestyle and activities should be accordingly. However, if it’s not then it most likely becomes a case of fraud. In this case, surveillance provides compelling evidence of the same.
As a financial fraud investigator Dallas, we watch and wait for the person to appear, and then we follow them and observe them. To gather up evidence like this is legal, but it is also very tricky. If we end up following our mark too closely we could even be charged with harassment. However, as skilled private investigators, we know how to conduct surveillance discreetly and safely.

4. Social media helps

When we think of people that are engaged in fraud, we ought to think that they must be very careful with their work. Well, we would be wrong. Activities like flaunting their fraudulent claims and posting photos of themselves paragliding while they were claiming a leg injury, is not called being careful. Therefore, the role of social media in investigations has an unbelievably strong value for the private investigator.
However, it gets a little more complicated than simply taking the screenshots of some photos. Many times, fraudsters would create alternate social media accounts in order to hide their actions. They might also increase their privacy settings to avoid scrutiny.

5. Background research helps

Background research means getting into the nitty-gritty of someone's particulars. Believe it or not, his majorly helps in revealing convictions for fraud.
A suspected fraudster's past indicates that the claim he is making can be inflated or false. Therefore, whether it is a fraud investigation or computer forensics and data recovery East Texas, a background check would always help an investigation.

At Investigative Resources of Texas, we provide all kinds of investigations including computer forensics and data recovery East Texas. Let no doubts swim in your head, contact us today and get rid of them all. Call us immediately at 214-662-1006 Dallas or 817-773-1385 Fort Worth or 832-260-8389 Houston.

What You Need To Know About Insurance Fraud Investigations?

We are one of the best insurance and financial fraud investigators Dallas. An insurance fraud can take many forms these days. It is not just restricted to bad consumers who hurt a huge insurance company. Insurance fraud might include organized crime rings crashing cars and lost paperwork or falsely denied payouts by insurance companies.  To top it off, it can also simply include someone overestimating the value of his asset and lastly contractors over-billing. Making the whole system more costly and increasing premiums for consumers is the aim behind an insurance fraud. This is where skilled insurance and financial fraud investigators Dallas come in.

Following are a few things that you should know about insurance fraud investigation. These involve the methods applied, trends studied and tactics used.

1. Insurance Fraud is more common than you think

The very first thing that you need to clear in your head that it is a more common act than you thought. Your mind thinks of it as an uncommon problem because it thinks of all insurance frauds as “hard” ones. A hard insurance fraud is crashing a car or burning down a building on-purpose. This is because the very source of the claim is a manufactured one. However, when we talk about soft insurance fraud, it is much more common. This is due to the reason that it consists of an act of inflating the value of a legitimate claim. A fraud of this kind takes up a major amount of time of an insurance fraud investigator.

2. Data analysis can help but it will not prove the fraud

Another thing to keep in mind is that data analysis through computer forensics and data recovery East Texas will flag cases, but would not prove fraud. The job of flagging potential fraudulent claims becomes easier with machine learning and statistical analysis when it comes to general, medical, and automotive insurers. However, the process of really investigating an insurance fraud has to come under specialized professionals such as private investigators. There are a variety of computer forensic tactics that might be employed by an insurance investigator at the time of a potentially fraudulent claim. From advanced web research to old school stakeouts, the private investigators can use anything to gather evidence in order to bring a legal action against a claimant or to justify denying a claim.

We have lots more on the subject to share with you. To increase your knowledge on the same, hop on to our next blog.  As a private investigative firm, we also deal with computer forensics and data recovery East Texas.

Better Hire a Financial Fraud Investigator Dallas

If you have been a victim of financial fraud then it’s a wise step to hire a financial fraud investigator Dallas. Financial fraud is one of those white collar crimes that would cost you and your business a lot of money. There are multiple things that an investigator can do for you in such cases. 

For starters, the fraudulent transactions that can be taken care of by hiring a financial fraud investigator Dallas include:

• Payoffs, kickbacks, illegal political contributions or bribes made from within the company

• Fictitious or misrepresented sale of assets

• Tax fraud

• Intentional misrepresentation of, liabilities, assets, income and other transactions

The following information would help you closely understand the need of hiring a financial fraud investigator Dallas:

• Why?

Their purpose is to determine which assets are the affected ones in the fraud.  By an accounting review and an in-depth audit, they try to reveal the identity of the employees who took part in the fraudulent activities of the company.

• How?

A financial fraud investigator Dallas conducts background checks. He looks into the personal history, court records, credit history and any other personal information of the employees. This is for the purpose of locating any potential red flags like the existence of a previous criminal record of an employee. His focus circulates around employees having access to the assets affected by the fraud and other financial transactions.

• Affordable?

This can be one of the affordable investigations Dallas if you choose the right investigator. In often cases the investigators are hired after the fraud has been detected. In such cases, the investigator runs a background search of all the suspects that might be involved in the fraudulent activities. They further help in confirming the identity of the employees and eventually providing a definitive analysis of the fraudulent activities that were executed. However, if you wish to make all this part of your affordable investigations Dallas then hire ‘Investigative Resources of Texas’ and consider the job done.


The outcome of this delicate investigation is that it produces tangible evidence against the fraud. This evidence can further be used in legal proceedings. After such actions, there is an awareness created in the company and the chances of fraud get minimal. Therefore it is very important to hire a financial fraud investigator Dallas.

Investigate, But Smartly.

Every now and then, you feel the need to kill your doubts out of curiosity, and the first thing that would come to your mind is “investigate”. Your mind would be jumping at this idea and in all this hurry you would forget how sensitive this task can be. If your tap has a blockage you call a plumber, if you want to design your house you get an interior decorator and in the same way, if you want to investigate in Dallas you call a private investigator Dallas, you don’t just go out and start investigating yourself. “Why not”? You’ll ask. Well, to put it straight, professionals know what they are doing and you would definitely miss out on something.

But, in the pool of all the private investigators Dallas, you must choose the best one wisely, that would suit your needs and requirements like no one else could. And when we say best, we mean Investigative Resources of Texas. But don’t listen to us you would be able to assure yourself that we are right after just going through a few details of this private investigator Dallas.

Firstly, nothing speaks of a firm’s goodwill better than the long period of its life.  Investigative Resources of Texas is the best private investigator Dallas as it has been in the surveillance investigations business since 1993. Given their experience, we can safely say that they know the laws and which of their strings to pull in order to get you your results. What else assures you that you are in safe hands? The president of the firm Mr. David Cohen makes sure that he personally oversees each and every investigation. Not every private investigator Dallas would show that kind of commitment to you. The last thing you need is for someone to judge you when you involve them to investigate your private matters. Well, Investigative Resources of Texas does not judge you at all.

Whether you are a lawyer, doctor, painter, teacher, house-maker or nobody, they will not mind taking up your work and will welcome you with open arms. On top of all of this they offer you an unprecedented 4-hour minimum rate, an absolutely free consultation, and no hidden fees at all. We are sure, now you would agree that the right choice of a private investigator Dallas is Investigative Resources of Texas.

 Happy investigating!

How to Prevent Senior People from Getting Scammed Financially

Senior people are vulnerable to abuse, especially financial abuse. About 1 in 8 of the cases reported to the National Center on Elder Abuse is related to finances. Scam artists and conmen prey on three things of senior citizens - money, trust and time. Financial frauds and scams against senior citizens have become pervasive over the past few years. As per reports, millions of elders fall prey to financial scams each year and have been swindled out of their retirement money. From phone calls and posts to emails, scamsters are devising different strategies to target elderly. Do you believe that your parents or grandparents have fallen prey to identity theft or financial fraud? Hire expert private investigators in East Texas to help you spot a scam and protect your elderly parents.

Scam artists aim at seniors. It is very important that senior people are well educated about the tactics and strategies used for swindling. Here are few tips to help prevent senior people from getting scammed financially –

• Always remind senior people not to give out their Social Security number to any institution or stranger getting in touch with them. Not just Social Security number, advise them not to reveal their financial information or bank details to any unknown person over mail or call.
• Ask them to collect mail from their mail boxes regularly. Do not let mail sit in the mail box for long time. Opt for direct account deposit of checks the benefits check instead of asking for them in the mail. Ask them to scrap any mail they come across any forms requiring credit card information or quick money offers.
• Take their names and addresses off multiple marketing mailing lists and also sign up their number for the Federal Do Not Call registry.
• Keep a tab on the finances, monitor bank accounts and social circle of your parents. Have they found new “friends” lately? Are they becoming secretive with their money? If anything makes you suspicious, go ahead and perform an in-depth research. You can hire private investigators specializing in financial frauds and scams to help you.

Don’t be hesitant or afraid in discussing financial scams with your parents! Sit with them and let them know the various financial scams seniors have fallen prey to. Do you sense signs of trouble? Get in touch with Investigative Resources of Texas at 214 662 1006.