MyFloridaCFO.com, October 19, 2022
CAPE CORAL, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis held a press conference in Cape Coral to highlight fraud prevention efforts in the wake of Hurricane Ian. During the press conference, the CFO announced that he will propose legislation, including cracking down on bad Public Adjusters by curbing their ability to take advantage of Floridians under financial duress and combatting Assignment of Benefits (AOB) abuse by eliminating the use of AOBs altogether.
In an effort to curb fraud in Florida, last year, the CFO advocated for two Anti-Fraud Homeowner Squads, and since then, those squads have already opened 275 cases and arrested 81 individuals for fraud. Additionally, since Hurricane Ian made landfall these fraud teams have already made contact with more than 7,000 individuals, contractors and businesses to check for licensure, follow up on fraud leads, and open investigations.
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