Joe Wehrle, NICB President, to Address International Association of Special Investigation Units Annual Seminar

Event Recognizes IASIU's 30th Anniversary

GREENSBORO, N.C., Sept. 15, 2014 — National Insurance Crime Bureau (NICB) President and Chief Executive Officer, Joe Wehrle, addresses the International Association of Special Investigation Units (IASIU) during its annual training seminar today in Greensboro.

In his remarks to the 700 in attendance, Wehrle will place special focus on emerging vehicle theft scams that utilize vehicle financing schemes and counterfeit vehicle identification numbers to obtain and resell stolen vehicles to innocent consumers or export them overseas.

"Many of today's thefts aren't showing up in the annual theft statistics that show a downward trend in auto theft," says Wehrle. "That's because they are considered financial crimes. They are impacting the manufacturers, the lenders, rental companies, the dealers and, in some instances, the insurance companies. And I'm here to tell you they are largely high dollar thefts involving newer vehicles—and they are costing the American economy millions, perhaps billions of dollars a year."

Read the full press release.

Anyone with information concerning insurance fraud or vehicle theft can report it by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.

About the National Insurance Crime Bureau: Headquartered in Oak Brook, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property-casualty insurers, self-insureds, rental car, vehicle finance, and auto auctions. To learn more, visit www.nicb.org.