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/pol/ - Politically Incorrect


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Burning for insurance money was primarily driven by property owners who found that almost all of the property in the South Bronx had been redlined by the banks and insurance companies. Unable to sell their property at a good price and facing default on back property taxes and mortgages, some landlords began to burn their buildings for their insurance value. A type of sophisticated white collar criminal known as a "fixer" sprung up during this period, specializing in a form of insurance fraud that began with buying out the property of redlined landlords at or below cost, then selling and reselling the buildings multiple times on paper between several different fictitious shell companies under the fixer's control, artificially driving up the value incrementally each time.[30]

Fraudulent "no questions asked" fire insurance policies, including from the New York FAIR Plan, would then be taken out on the overvalued buildings and the property stripped and burnt for the payoff,[4][6][1][7] from insurance companies, with one notable company being Lloyd's of London.[41] This scheme became so common that local gangs (known as "strippers"[12]) were hired by fixers for their expertise at the process of stripping buildings of wiring, plumbing, metal fixtures, and anything else of value and then effectively burning it down with gasoline. Fixers were thus able to turn a profit by buying properties from struggling landlords, artificially driving up the value, insuring them and then burning them.[30]

https://en.wikipedia.org/wiki/1970s_South_Bronx_building_fires
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Oy gevalt
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>>539162135
insurance fraud is not punishable by public shaming and execution because..???
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>>539162448
oh that's right we're a bunch of no-ball pussy faggot losers
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Shut it down
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>>539162135
You now may recall the Great Fire of London. Which coincidentally, started in 1666. Rabbi Sabbatai Zevi declared that the year 1666 would mark the redemption of the Jewish people and the end of exile.
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>>539162135
>Jewish Lightning
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>>539162135
DO IT FAGGOTS
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Same with twin towers
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Oy vey
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>>539162135
I have a polish jew neighbor that within the first month of meeting him he bragged to me about paying some nigger $500 to steal his dodge truck he bought new and had a massive $2k a month payment on. Got it stolen and got a full insurance payout. Why are they all like this?
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>>539162135
>Jews in murica existed before WWII and were landlords? Wtf. Where did they come from? Did Hitler have a younger brother in world war 1?
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>>539162135
Good, let rabbi Shapiro do that.
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>>539162135
what's wrong with your screenshots?
they look like they were taken in 1996



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