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Russia-born Americans arrested on fraud charge

09:59 01/03/2012

MOSCOW, March 1 - RAPSI. More than 30 individuals, mostly of Russian descent, have been arrested in the United States on charges of fraud, bribery and racketeering, according to the US Department of Justice.

Losses inflicted by the suspects on the U.S. health and auto insurance systems are estimated at $279 million. The U.S. Attorney's Office has announced an exposure of a colossal criminal ring. Prosecutors emphasize that the scheme applied by the suspects was the largest and most sophisticated insurance fraud ever in the United States.

According to the authorities the criminal group dubbed the "No-Fault Organization" comprised individuals of various occupations, including doctors and lawyers.

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Russia-born Americans arrested on fraud charge

09:59 01/03/2012 More than 30 individuals, mostly of Russian descent, have been arrested in the United States on charges of fraud, bribery and racketeering.
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