Page 42: of Maritime Reporter Magazine (December 2004)

THE MARINE MART The Classified and Employment Section

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STEAL, CHEAT, AND LIE YOUR WAY TO THE TOP -a growing practice on both sides of the Atlantic that's costing consumers mil- lions each year. Marine insurance is supposed to be based on Uberrimae

Fidei or utmost good faith but it hasn't always worked out that way. Just ask

Eliot Spitzer the New York Attorney General. Author Ed Geary closely exam- ines the background of marine insurance fraud and the clever schemes that are used by boat owners, loss adjusters, insurance brokers, and marine underwrit- ers. 'Gotcha' addresses important technical issues of marine claims while providing the reader w th an inside view to a number of fascinating case files.

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 involvement in the theft of high value yachts used in foolish schemes to smuggle narcotics from Colombia to the United States, ostensibly to catch the Big Guys. 'Gotcha' delves into the flawed business practices of The London Salvage

Association that ultimately destroyed an organization that had been around since the reign of Queen Victoria: further revealing the fraud and "trickle- down-corruption" that has tainted the Lloyd's Agency System.

Before the melt-down of ENRON and WorldCom the author's exposure of the cover-up of Arthur Andersen's fraudulent ship valuation conspiracy brought forth the wrath of Andersen's lawyers and threats on his life. Andersen's co-conspirators in the cover-up of the fraud included the once reliable Lloyd's List in London, the American Society of Appraisers and the American

Institute of Certified Public Accountants in the USA.. "Insurance fraud is a growth business.

For those who aren't caught it provides a precarious path to financial fortune or pitiless prosecution." 'Gotcha'

International Marine Insurance

Fraud and Conspiracy.

By Ed Geary 'Gotcha'

Published by iUniverse.com, Inc.

ISBN: 0-595-32740-0. $18.95 204 pages Trade Paperback

All Rights Reserved

Copyright @ 2002-2004

By Capt. E.S. Geary

Please ask for 'Gotcha ' at your local bookstore or visit: www.BarnesandNoble.com www.amazon.com www.borders.com www.iuniverse.com www.Booksaniillion.com

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