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re: BP story on fraud DW Horizon spill settlement from 60 minutes
Posted on 5/6/14 at 11:50 am to OntarioTiger
Posted on 5/6/14 at 11:50 am to OntarioTiger
there's a ton of fraud. Being able to prove it will be an uphill battle.
The problem is, those who suffered the most real damages (the commercial fishermen and oil field workers) are the ones who would have the most trouble proving that they had actually been harmed thanks to most fishermen dealing in cash.
Of those individuals (not corporations or hotel owners or state tourism boards) who were paid the most money in damages had many many fraudulent claims. As usual, though, the lawyers were the only ones who really made any money off of this disaster.
The problem is, those who suffered the most real damages (the commercial fishermen and oil field workers) are the ones who would have the most trouble proving that they had actually been harmed thanks to most fishermen dealing in cash.
Of those individuals (not corporations or hotel owners or state tourism boards) who were paid the most money in damages had many many fraudulent claims. As usual, though, the lawyers were the only ones who really made any money off of this disaster.
3
Posted on 5/6/14 at 12:41 pm to kingbob
quote:
fishermen dealing in cash.
I do not feel bad for fishermen who have been defrauding the government. If they had tax returns proving themselves then there was no problem collecting from BP.
The best article on BPs strategy is here:
How BP Decided to Fight The Settlement
Posted on 5/7/14 at 8:34 am to kingbob
quote:
The problem is, those who suffered the most real damages (the commercial fishermen and oil field workers) are the ones who would have the most trouble proving that they had actually been harmed thanks to most fishermen dealing in cash.
Well if the commercial fisherman were legit they have records of their catches and the prices they were paid on state docs called "trip tickets". If they were actually catching more and not reporting then screw them anyway for trying to cheat the system.
quote:
As usual, though, the lawyers were the only ones who really made any money off of this disaster.
I wonder if BP will ever go after the Feinberg group who took over the process about 6 months after the Horizon incident... that's when the culture of fraud was allowed to take advantage of the system at that time.
Posted on 5/7/14 at 9:02 am to kingbob
quote:
The problem is, those who suffered the most real damages (the commercial fishermen and oil field workers) are the ones who would have the most trouble proving that they had actually been harmed thanks to most fishermen dealing in cash.
I'm thinking of the old saying ....
Ain't Karma a b!tch!
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