'Gotcha' International Marine Insurance Fraud and Conspiracy
Fraud Expert's New Book Opens Pandora's Box of Marine Insurance Fraud. 'Gotcha' reveals the cover-up of the Arthur Andersen fraudulent ship valuation scheme by the ASA and AICPA organizations
Miami, FL (PRWEB) March 30, 2005 -- Captain Geary, the author contends that to "Steal, cheat and lie your way to the top" is a growing practice on both sides of the Atlantic thats costing consumers millions each year. Anyone who doubts the level of corruption within the insurance industry might speak with Eliot Spitzer, the New York State Attorney General. Marine insurance is supposed to be based on Uberrimae Fidei or utmost good faith but it hasnt always worked out that way. Author Ed Geary closely examines the background of marine insurance fraud and the clever schemes that are used by boat owners, loss adjusters, insurance brokers, and marine underwriters. 'Gotcha addresses important technical issues of marine claims while providing the reader with an inside view to a number of fascinating case files. 'Gotcha also provides an insight to the lack of security measures and the ease that ports and Caribbean cruise ships could be destroyed by terrorists.
During his five-year USCG training mission of the Venezuelan Coastguard the authors disclosure of the CIAs clandestine Operation Deep Six to destabilize the elected government of Venezuela and install Hugo Chavez as president put him in the cross-hairs of the Agency. Silencing him became an even greater priority when Geary exposed the CIAs involvement in the theft of high value yachts used in government funded schemes to smuggle narcotics from Colombia to the United States. The CIAs attempts to kill him failed and abruptly ended when CNN aired Gearys story and exposed the Agencys clandestine operations in Venezuela. The book alleges that president Chavez, citing numerous attempts on his life believes that the Bush administration through the CIA and the NED (National Endowment for Democracy) are focused on destroying the duly elected Repùblica Bolivariana de Venezuela.
'Gotcha delves into the flawed business practices of The London Salvage Association that ultimately destroyed an organization which has been around since the reign of Queen Victoria; further revealing the fraud and trickle-down-corruption" that has tainted the Lloyds Agency System.
Before the melt-down of ENRON and WorldCom the authors exposure of the cover-up of Arthur Andersens fraudulent ship valuation conspiracy brought forth the wrath of Andersens lawyers and threats on his life. The book alleges that Andersens co-conspirators in the cover-up of the fraud involved the once reliable Lloyds List in London, the American Society of Appraisers and the American Institute of Certified Public Accountants in New Jersey.
'Gotcha exposes and challenges the scandalous complicity of industry leaders while the heads of CEOs role from the chopping block as Eliot Spitzer pursues criminal prosecutions of those involved. The book contends that in spite of the authors numerous attempts in challenging the inappropriate and flawed selection of a former Arthur Andersen crony as the CEO of the Association of Certified Fraud Examiners (ACFE), Toby J.F. Bishop was appointed to the position on May 23, 2002. Prior to his gaining access to the ACFE Bishop was a partner with the responsibilities of managing Arthur Andersens Business Fraud and Investigative Practices Unit. His tenure of fraud oversight within the Andersens den of thieves was the same period that Federal prosecutors alleged that the CPA firm was actively involved in a conspiracy to obstruct justice and conceal one of the biggest accounting frauds and bankruptcies in US history. The author alleges that in August 2000 while his co-workers were busy shredding ENRON documents in Chicago and Houston Bishop was writing an article that appeared in the CPA Journal titled, Quality Financial Reporting -- Back to Basics."
Published by iUniverse.com, Inc.
ISBN: 0-595-32740-0.
'Gotcha
Available at your local bookstore or visit: www.iuniverse.com www.bn.com, www.amazon.com, www.whsmith.co.uk
Contact:
P.O. Box 1246, Fajardo, Puerto Rico 00738
Phone: (787) 885-4023 Fax: (787) 885-3683
shipsurveyor@msn.com
http://www.gotcha-edgeary.com
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