S1 E45 NY Fraudemic - Organized Crime, Nuclear Verdicts and the Law Bankrupting the Big Apple
Send us Fan MailThis episode of the Deep Dive is an extensive overview of New York City's classification as a "Judicial Hellhole" due to rampant lawsuit abuse, which has made is the epicenter of the national "Fraudemic". In fact, New York has its own specific "NY Fraudemic" label tied to its systemic fraud schemes, particularly within the construction and automobile insurance industries. Exploiting laws like the Scaffold Law and the state's No-Fault system. Our source highlights the prevalence of nuclear verdicts and various forms of litigation including ADA lawsuits, asbestos litigation, and…
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