NCIS Statement on NC Fraud Case


This statement is from Tom Zacharias, president, National Crop Insurance Services…

"The crop insurance industry, while not pleased to hear of the elaborate crop insurance fraud scheme in North Carolina, was relieved to hear that
those involved were caught and convicted of their crimes. Because there is not just taxpayer money but farmers' own premium dollars and crop insurance
company money at risk in crop insurance, we applaud the federal government for investigating and thank those from the industry who cooperated with the
investigation.

“It should be noted that such instances of fraud and abuse are very rare. That's because of strict monitoring programs to catch irregularities and
hours of training for everyone involved with crop insurance. According to the Risk Management Agency, these efforts have been highly successful as the
cumulative cost avoidance from data mining and related activities from 2001 through 2010 is estimated to be in the hundreds of millions of dollars."

"Crop insurance works well, as last year's drought proved, which is one reason why it is so popular on Capitol Hill and in rural America."


SFNToday.com is dedicated to serving the agricultural industry in the Carolinas and Virginia with the latest ag news, exclusive regional weather station readings, and key crop market information. The website is a companion of the Southern Farm Network, provider of daily agricultural radio programming to the Carolinas since 1974. SFNToday.com presents radio programs, interviews and news relevant to crop and livestock production and research throughout the mid-Atlantic agricultural community.

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