RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Perverse statist incentives: Farmers find unique ways to defraud federal insurance plans Sun Mar 08, 2015 8:53 pm | |
| A handful of farmers have found creative ways to defraud federal farm programs in recent years, including two brothers from North Dakota who were recently convicted for intentionally destroying potatoes to collect disaster payments.
Florida State University professor Chad Marzen specializes in insurance law and regulation. He says fraud is one of the biggest issues facing the federal farm programs and costs taxpayers millions of dollars per year.
Marzen cites one case in North Carolina were numerous defendants were convicted in a $100 million farm fraud case.
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