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swoop and squat

Definition

swoop and squat rate
(Expression) Such an operation typically involves two cars driven by suspects who box in a victim's car on a freeway, causing a collision. The scam participants then file fraudulent insurance claims for alleged injuries.
Usage: The Insurance Commissioner on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 swoop and squats over the past 18 months, bilking insurers and consumers out of $2 million to $3 million.


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