This move, regulators say, allowed the company to sell fake policies and also collect annual membership dues.
Fake insurance policies -- financed by nothing and for the benefit of no one -- proved enormously profitable until 1973, when a company insider blew the whistle.
"Increasingly," Ms. Sebelius said, "we're hearing reports of criminals using the law as an opportunity to commit fraud, whether it's by selling fake insurance policies or tricking seniors into giving away their Medicare numbers.
The writers weren't the only thing protected by Journatic's fake name policy.
One of them is Bill Isler, an American who has been running Beijing bars with a "no fake booze" policy since 2005.
Specifically, we restrict our sample time horizon to years 2007 2011, and establish as a placebo a fake tax policy in 2011.
Regressions in columns (3) and (4) restrict the sample to years 2007 2011 and use a fake tax policy in 2011 as a placebo.
Due to weak drug policy, fake and low-quality antibiotics are available in the market and prescription-only drugs are also available without a doctor's prescription.
A Culver City man has been arrested on suspicion of operating a Ponzi scheme that bilked people out of more than $2 million through fake annuities and insurance policies, authorities announced Friday.
The Socialist party is paying the price of these fake promises, of policies that barely differentiate it from a conservative approach, except on social issues such as gay marriage, which deeply divided the country last year.
