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Follow on Google News | ![]() Allstate Insurance Company Files $1.9 Million Fraud Case Against Fraudulent Medical CorporationsAllstate Insurance Company filed a $1.9 million medical fraud case against fraudulent medical corporations. The lawsuit was the company’s seventh in 2010 in New York, for a total of nearly $11M in damages.
The complaint names 11 defendants, including the owners of those companies, a physician and three medical professional corporations, as well as a series of companies used to control the medical professional corporations and siphon its profits. The pleadings allege that New York medical professional corporations known as Quality Medical, P.C., Spartak Medical, P.C. and Richmond Medical, P.C were fraudulently incorporated through a scheme using the name of a licensed medical physician, and that Michael Kipnis, Julia Kipnis, Gennady Belzer and Igor Tsimmerman, none of whom were physicians, secretly own and control the professional corporations through a series of companies that they own and control, including ITA Family, L.P., LGB Corp. and KYDS, L.L.C. The pleadings further allege that these defendants submitted or caused to be submitted or otherwise facilitated the submission of fraudulent claims to Allstate through medical professional corporations that were never eligible to bill or collect no-fault benefits. “Allstate is aware of the economic pressures that consumers face,” said Jim Murray, Allstate Assistant Vice President in charge of the company’s Special Investigation Unit. “Insurance fraud adds to the cost of the product, and Allstate is aggressively pursuing the fight against insurance fraud to protect consumers and help keep insurance costs down.” The Allstate Corporation is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®. End
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