'Gotcha' : International Marine Insurance Fraud and Conspiracy Ed Geary,
Publisher: iUniverse, Inc.
ISBN: 0595327400
Edition: Paperback; 2004-10-24
Summary:
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.
Marine insurance is based on Uberrimae Fidei or utmost good faith but
it hasn't worked out that way. Author Ed Geary closely examines the
schemes of marine insurance fraud and conspiracy that involves not
only boat owners and policy holders, but insurance brokers, and
marine underwriters. During his five year USCG training mission of
the Venezuelan Coastguard Geary's disclosure of the Central
Intelligence Agency'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 theft of
high value yachts used in idiotic schemes to smuggle narcotics from
Colombia to the United States. Gotcha delves into the flawed business
practices of The London Salvage Association that ultimately destroyed
an organization that's been around before the reign of Queen Victoria
and exposes the fraud and "trickle-down-corruption" that has tainted
the Lloyd's Agency System. After the melt-down of ENRON and WorldCom
the cover-up of Arthur Andersen's fraudulent ship valuation
conspiracy by the once reliable Lloyd's List in London challenges the
imagination.
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