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'Gotcha': International Marine Insurance Fraud and Conspiracy
 
 
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'Gotcha': International Marine Insurance Fraud and Conspiracy (Paperback)

by Ed Geary (Author)
Key Phrases: inchmaree clause, surplus lines broker, stolen yacht, United States, Arthur Andersen, Puerto Rico (more...)
3.7 out of 5 stars See all reviews (3 customer reviews)

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Editorial Reviews

Product Description
STEAL, CHEAT, AND LIE YOUR WAY TO THE TOP--a growing practice on both sides of the Atlantic that's costing consumers millions each year. Marine insurance is based on Uberrimae Fidei or utmost good faith but it hasn't worked out that way. Author Ed Geary closely examines the schemes of marine insurance fraud and conspiracy that involves not only boat owners and policy holders, but insurance brokers, and marine underwriters.
  • During his five year USCG training mission of the Venezuelan Coastguard Geary's disclosure of the Central Intelligence Agency's clandestine Operation Deep Six to destabilize the elected government of Venezuela and install Hugo Chavez as president put him in the cross-hairs of the Agency. Silencing him became an even greater priority when Geary exposed the CIA's theft of high value yachts used in idiotic schemes to smuggle narcotics from Colombia to the United States.
  • Gotcha delves into the flawed business practices of The London Salvage Association that ultimately destroyed an organization that's been around before the reign of Queen Victoria and exposes the fraud and "trickle-down-corruption" that has tainted the Lloyd's Agency System.
  • After the melt-down of ENRON and WorldCom the cover-up of Arthur Andersen's fraudulent ship valuation conspiracy by the once reliable Lloyd's List in London challenges the imagination.


About the Author
Captain E.S. Geary has appeared as an expert in admiralty and maritime cases in Federal, State & local jurisdictions throughout the USA and Europe. Amongst other credentials and qualifications, he holds a US Coast Guard masters license for commercial vessels, was formally the USCG Department Chief?Pan American Auxiliary Liaison and Senior Policy Advisor to the Commandant of the Venezuelan Coastguard. He holds a masters degree (magna cum laude) in Criminal Justice Management, is a Certified Fraud Examiner, Marine Loss Adjuster, member of the American Boat and Yacht Council, American Society of Appraisers and Accredited Senior Appraiser of Yachts & Ships, a Licensed & Registered Professional Engineer, a Fellow of the Institution of Diagnostic Engineers (UK), IRCA Certificated ISO 9001:2000 & ISM Code Internal Auditor, member of the Yacht, Designers & Surveyors Association (UK), authorized Nautical Surveyor approved to carry out work for the United Kingdom Maritime and Coastguard Agency, member of the Society of Naval Architects and Marine Engineers (USA) and The American Society of Naval Engineers. He is a member and past director of the International Association of Marine Investigators who named him the 1996 Marine Investigator of the Year.

Product Details

  • Paperback: 204 pages
  • Publisher: iUniverse, Inc. (October 24, 2004)
  • Language: English
  • ISBN-10: 0595327400
  • ISBN-13: 978-0595327409
  • Product Dimensions: 8.9 x 6 x 0.7 inches
  • Shipping Weight: 12.6 ounces (View shipping rates and policies)
  • Average Customer Review: 3.7 out of 5 stars See all reviews (3 customer reviews)
  • Amazon.com Sales Rank: #1,772,386 in Books (See Bestsellers in Books)

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Customer Reviews

3 Reviews
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Average Customer Review
3.7 out of 5 stars (3 customer reviews)
 
 
 
 
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2 of 3 people found the following review helpful:
1.0 out of 5 stars Garbage, February 2, 2005
Very little insight into international marine insurance or any fraud attached to it will be gained from reading this badly written book. Geary appears to be a yacht surveyor in the Caribbean, a very small part of marine surveying, the book is a catalogue of his exploits in this area and is a thinly veiled advertisement for using his services. There is nothing in here about the day to day practice of international, commercial marine insurance and marine surveying as applied to merchant vessels, which he appears not to know about or to have participated in. As for the problems with Salvage Association or Lloyd's agency , which the cover of the book says he will reveal, what he says is laughable and does not bear any other comment.Reading this book will not give anyone any insight into marine insurance or its problems and certainly not commercial marine surveying, except, perhaps if they own a rather small yacht in the West Indies
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0 of 2 people found the following review helpful:
5.0 out of 5 stars BRILLIANT, July 15, 2005
a must read book that provides a captivating look at the maritime industry that makes for easy and informative reading. As a marine banker I particularly liked the Snatch and Grab caper in Cancun, Mexico......
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0 of 3 people found the following review helpful:
5.0 out of 5 stars Intriguing, November 29, 2004
'Gotcha' provides an intriguing depiction of maritime fraud in Latin America and the Caribbean, an area the author knows intimately well. An interesting and easy reading book packed with useful information that exposes both the good guys and the bad. I know because I know them all."
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