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Car insurance fraud on the rise

As a result of years of “Easy loans” and “Too good to pass up offers” many people bought expensive autos with little or no money down. In a slow economy with a glut of new and used cars that dealers are haveing a difficult time selling, the value of these luxury cars have fallen off dramticly.The result of this decline in values means for many the amount they owe on the car is greater than the auto’s value. This leaves many people with cars they can not afford to own, but also can’t afford to sell....

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