iFraud Deep Dive

iFraud Foundation

Welcome to iFraud Deep Dive, an official podcast series of the iFraud Foundation — where we tackle the toughest issues facing the property and casualty industry in the fight against fraud. Each episode features in-depth conversations breaking down complex issues into easily consumable information that we can all understand.  We explore the fraud landscape, expose emerging threats, and highlight actionable solutions. From staged accidents and collusive networks to litigation abuse and regulatory gaps, we go beyond the headlines to bring you the insights that matter. Whether you’re a carrier, broker, employer, attorney, or regulator, if you’re committed to protecting the integrity of our industry then this podcast is for you. Subscribe now and join us in building a smarter, stronger, fraud-resilient future.

  1. 1D AGO

    S2 E35 FedEx v Ikhilov Dismantling a Coordinated Fraud Scheme

    Send us Fan Mail On this episode of the Deep Dive, we unpack a sweeping federal complaint brought by Federal Express Corporation that pulls back the curtain on what is alleged to be a highly coordinated, multi-layered fraud enterprise. At the center of the case is an intricate network of attorneys and medical providers accused of engineering staged motor vehicle accidents—most notably the notorious “swoop-and-squat” tactic—designed to target commercial carriers with significant insurance exposure. But the collision is only the beginning. According to the filing, what follows is a calculated and repeatable playbook: claimants are funneled into a controlled pipeline of treatment, where medical necessity is allegedly manufactured through exaggerated diagnoses, unnecessary surgical interventions, and manipulated diagnostic reporting. These elements are then leveraged to meet statutory thresholds and support high-value personal injury claims. FedEx contends that this operation rises far beyond isolated fraud—invoking the power of the Racketeer Influenced and Corrupt Organizations Act to argue that the defendants engaged in a pattern of racketeering activity, utilizing mail and wire fraud as tools to systematically extract settlements through sham litigation. This is not just a story about fraudulent claims—it’s about the alleged weaponization of both the legal and healthcare systems, where minor accidents are transformed into multi-million dollar cases through coordination, deception, and systemic abuse. We break down the complaint, the players, the tactics, and what this case signals for the broader fight against organized insurance fraud. Let's Dive In! Support the show

    24 min

  2. 4D AGO

    S2 E34 The No Fault Insurance Ghost Clinic Heist

    Send us Fan Mail On this episode of the Deep Dive… We examine a newly unsealed federal indictment detailing an alleged multi-year, multi-million-dollar no-fault insurance fraud scheme centered around Zhan Petrosyants, also known as “Johnny.” Prosecutors allege that between 2018 and 2023, Petrosyants orchestrated a sophisticated operation designed to exploit New York’s no-fault insurance system—submitting claims for treatments that were never rendered, medically unnecessary, or grossly inflated. At the core of the alleged scheme: shell medical entities that appeared legitimate on paper but were not owned or controlled by licensed professionals, as required by law. These entities, paired with the recruitment of credentialed clinicians whose identities were used to legitimize fraudulent billing, created a pipeline for tens of millions of dollars in illicit claims. But the operation didn’t stop at billing. According to the indictment, the scheme leveraged funding companies to accelerate cash flow—securing advances on fraudulent claims and layering the proceeds through shell corporations and business accounts to conceal their origin. This case pulls back the curtain on the organized, calculated nature of modern insurance fraud—where medical, financial, and corporate structures are weaponized in concert. It also highlights a critical reality: these aren’t isolated incidents—they’re coordinated enterprises designed to exploit systemic vulnerabilities. As the government moves to seize assets tied to the alleged fraud, this indictment serves as both a roadmap of the scheme and a stark reminder of the scale, sophistication, and impact of no-fault abuse on the broader system. Let's Dive In. Support the show

    20 min

  3. MAR 26

    S2 E33 SLAPP Victory - Demoura v. The Willis Group & Tradesman

    Send us Fan Mail This court order from the Supreme Court of New York details the dismissal of a defamation lawsuit filed by an orthopedic surgeon against The Willis Law Group and their clients. The plaintiffs alleged that the defendants’ public statements regarding a federal racketeering and insurance fraud case were slanderous and damaging to their professional reputation.  However, the judge ruled that the legal action was a SLAPP suit, intended to stifle public participation on matters of significant community interest. Because the defendants' communications were protected by litigation privilege and summarized existing legal allegations rather than stating false facts, the court dismissed the complaint entirely. Consequently, the plaintiffs were ordered to pay the defendants' attorney's fees and legal costs following a scheduled hearing. Let's dive in. Support the show

    22 min

  4. MAR 26

    S2 E32 Deleting YouTube Video Causes Dismissal King v New York Foundling

    Send us Fan Mail On this episode of the iFraud Deep Dive, we examine a case that underscores a hard truth in modern litigation—your digital footprint can make or break your claim. At the center is a New York Supreme Court ruling stemming from a personal injury lawsuit filed after a motor vehicle accident. While the court found enough conflicting testimony to keep questions of liability alive, the real turning point came from something far outside the crash itself—the destruction of evidence. The plaintiff allegedly deleted social media and YouTube accounts that were directly relevant to claims of physical disability. And in today’s world, that’s not just a misstep—it’s spoliation. The court determined that this deletion severely prejudiced the defense’s ability to assess the truth behind the injuries being claimed. The result? A significant sanction—the dismissal of claims against The New York Foundling—effectively removing the non-profit from the case altogether. In this episode, we break down the legal reasoning behind the ruling, the growing role of digital evidence in personal injury litigation, and what this means for claimants, attorneys, and carriers alike. Because when evidence disappears, so does credibility—and in a system built on proof, that can be the difference between a case moving forward… or falling apart. Let’s dive in. Support the show

    23 min

  5. MAR 25

    S2 E31 The Not So Independent Medical Exam

    Send us Fan Mail Today’s Deep Dive is a reflection of the objectivity and neutrality the foundation stands for. Independent Medical Examinations and expert medical testimony are critical tools in claims defense. When done right, they bring clarity, credibility, and truth to complex cases. But like any system, there are those who uphold that standard, and those who fall short, bending it to serve their own interests. Our role in combating fraud is simple: call out misconduct wherever it exists. It doesn’t matter which side of the claim you’re on. Whether it’s wage theft, the manipulation of medical opinions, a personal injury firm, or a litigation services provider, alleged wrongdoing must be brought into the light. In this episode, we break down the legal arguments, examine what this means for expert witness credibility, and explore the broader implications for a system that depends on truth and not tactics to function. Because when testimony is scripted, justice becomes a performance… and the consequences extend far beyond a single case. We don’t get to pick and choose which bad actors to hold accountable. If we’re serious about fighting insurance fraud and dismantling the narratives that allow it to persist, accountability has to be universal. Let's dive into it. Support the show

    19 min

  6. MAR 23

    S2 E30 Operation Sideswipe: Louisianna's Big Fraudemic Win

    Send us Fan Mail In this episode of Deep Dive, we take you inside one of the most disturbing and coordinated insurance fraud schemes ever uncovered in the United States—Operation Sideswipe. What started as suspicious crashes on the streets of New Orleans unraveled into a decade-long criminal enterprise—where over 150 staged collisions with commercial tractor-trailers were not accidents at all… but carefully orchestrated events. At the center of it? Personal injury attorneys and their firms—now found guilty of engineering these crashes, fueling a system designed to manufacture claims, inflate damages, and exploit the legal process at scale. But the fallout goes far beyond the courtroom. Dozens of federal charges. Lives of innocent truck drivers destroyed. Careers wiped out. And in one chilling turn—violence spilling over into murder to protect the scheme. And this wasn’t a siloed operation. The allegations point to a broader network—where medical providers played a critical role, supplying unnecessary treatments to legitimize fraudulent claims. This is the Fraudemic in its rawest form—organized, calculated, and deeply embedded. So the question becomes: if Louisiana can take this head-on… why aren’t other states doing the same? Let’s get into it. Support the show

    20 min

  7. MAR 23

    S2 E29 Union Mutual vs CitiMed Moves to Round 2

    Send us Fan Mail In this episode of Deep Dive, we break down a significant court ruling that keeps a high-stakes insurance fraud case alive in New York. At the center is a lawsuit brought by Union Mutual Fire Insurance Company against Citimed Complete Medical Care and Dr. Regina Moshe—alleging a coordinated scheme built on falsified medical reports, engineered to drive insurance payouts and sustain a pipeline of patient referrals. The defendants pushed to have the case dismissed. But the court said not so fast. Judge Natasha C. Merle ruled that the fraud allegations were detailed enough—and serious enough—to move forward into discovery, signaling that the claims warrant a closer, evidence-driven examination. At the same time, the court trimmed the case, dismissing claims for unjust enrichment and declaratory judgment as duplicative of the core fraud allegations. What remains is the heart of the dispute: whether there was a deliberate pattern of misrepresentation—and how much financial damage it caused. This is exactly the kind of case that sits at the intersection of medical billing, litigation strategy, and the broader “Fraudemic” impacting the insurance ecosystem. Let’s dive into it. Support the show

    24 min

  8. MAR 17

    S2 E28 Phantom Surgeries and Medical Factoring Fraud

    Send us Fan Mail What happens when a routine trip-and-fall case turns into something far more complex—something engineered? In this episode, we break down a legal filing out of the Supreme Court of the State of New York that pulls back the curtain on what’s alleged to be a coordinated medical billing and litigation-financing scheme. At the center: claims that certain providers weren’t just treating patients—they were manufacturing value. From so-called “phantom” surgeries to templated operative reports, the filing paints a picture of care that may never have happened, but was billed as if it did. But it doesn’t stop there. Those inflated medical receivables were allegedly packaged and sold to third-party funding entities—turning questionable treatment into immediate cash, and dramatically increasing the stakes of the underlying lawsuit. Even more striking, the complaint suggests that large “write-offs” weren’t acts of leniency—they were strategic moves designed to conceal non-recourse financing arrangements tied to the outcome of the case. This isn’t just about one claim. It’s about a system—where medicine, money, and litigation intersect in ways that may distort justice itself. Let’s dive into it. Support the show

    17 min
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About

Welcome to iFraud Deep Dive, an official podcast series of the iFraud Foundation — where we tackle the toughest issues facing the property and casualty industry in the fight against fraud. Each episode features in-depth conversations breaking down complex issues into easily consumable information that we can all understand.  We explore the fraud landscape, expose emerging threats, and highlight actionable solutions. From staged accidents and collusive networks to litigation abuse and regulatory gaps, we go beyond the headlines to bring you the insights that matter. Whether you’re a carrier, broker, employer, attorney, or regulator, if you’re committed to protecting the integrity of our industry then this podcast is for you. Subscribe now and join us in building a smarter, stronger, fraud-resilient future.

Information

  • Creator
    iFraud Foundation
  • Years Active
    2025 - 2026
  • Episodes
    92
  • Rating
    Explicit
  • Copyright
    © 2026 iFraud Foundation, Inc.
  • Show Website
    iFraud Deep Dive

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