Geico builds the case for using social media data

BLUF. $61,465 is what Geico paid and later recovered thanks to intel discovered via a YouTube video . Let me explain. A Corvette owner lied about how his vehicle was totaled telling Geico the incident happened on Interstate 10 in Chandler, Arizona. So Geico paid $61,465. However, somehow Geico discovered a YouTube video showing the driver wrecking the C7 Corvette at a drag strip. Long story short. The owner said “I’m sorry and I’m guilty”, paid back $61,465 to Geico, plus $1,560 in court costs and will also serve two years of supervised probation; because after all this is insurance fraud. Did You Know? Carpe Data helps you build the case against #FakeClaims. Did You Also Know? Prince released his single ‘Little Red Corvette’ 34 years ago today, February 9, 1983.