The financial networks that help te...

The financial networks that help terrorists demeanor their attacks show how present communication technology and the globalization of criminal intimacy also help unregulated offshore insurers swindle U policyholders disclosed of hundreds of millions of dollars each year, according to a lately published book.

In the main division Global Pirates: Fraud in the Offshore Insurance Industry, author Robert Tillman details in what way technology helps "financial knaves and buccaneers" foist their scams forward an unsuspecting public. They vend policies they never intend to honor, attracting customers with cheap premiums and undercutting the legitimate competition. Then they disappear before commands can catch up to them.