Latest & Greatest: June 2005

Latest & Greatest

Juicy Read

By Elizabeth Ginns Britten — June 2005

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• Gotcha
• X-Change-R
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“Fifty percent of the people are honest, 25 percent are dishonest…The remaining 25 percent are as honest as the system they work under.” That’s the statement that piqued my curiosity on the cover of Gotcha, a book about international marine-insurance fraud and conspiracy. The 200-pager is a downright scandalous read and addresses important technical issues of marine insurance claims while providing a behind-the-scenes look at a number of intriguing case files.

Its author, Capt. Ed Geary, really tells it like it is as he examines fraud schemes and conspiracies by owners, policyholders, insurance brokers, and marine underwriters alike. Geary has experience as a certified fraud examiner and a marine-loss adjuster, and he is a member of the American Society of Naval Engineers and the Coast Guard, among other organizations.

The book is available at most major bookstores nationwide and online for $18.95.

Gotcha ( (954) 663-1716.

Is there something you would like to know more about or see PMY put to the test? Write: Latest & Greatest, Power & Motoryacht, 260 Madison Ave., 8th Fl., New York, NY 10016. Fax: (917) 256-2282. e-mail: No phone calls, please.

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This article originally appeared in the May 2005 issue of Power & Motoryacht magazine.

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