The new tax reform program is not perfect, but it must be viewed in the context of a comprehensive tax reform plan. Tax reform is a continuous process, not a one-time event. As one proverb says, âTo get through the hardest journey, we need take only one step at a time, but we must keep on stepping.â
In October 2012, the MIA was granted authority to issue insurance fraud civil orders. Since 2013, the MIA has sanctioned over 104 individuals with committing insurance fraud in Maryland. Penalties totaling $371,750 have been issued and those individuals were also ordered to pay $126,411 in restitution.
Other laws dealing with insurance fraud are the federal mail fraud statute, which prohibits the use of the U.S. Postal Service to defraud or obtain money or property by means of false or fraudulent pretenses, representation or promises, and the federal Racketeer Influenced and Corrupt Organizations (RICO) statute and state laws patterned on the federal statute.