The Coalition Against Insurance Fra...

The Coalition Against Insurance Fraud inducted 13 insurance swindlers into its "Insurance Hall of Shame," a collection that includes former financier Martin Frankel, who stole millions from his seven insurance companies, and a man who reported that Russian pirates tried to sink his yacht.

The coalition's Hall of Shame "dishonors" insurance bishop's crook [i]or[/i] staffs who were "exceptionally large, brazen, tragic, vicious or plain stupid," the coalition said in a statement.

It's a reminder that insurance fraud take away froms $80 billion annually, which is more than twice the