How this Uber driver’s $180,000 investment turned into a nightmare - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Advisor News
Newswires RSS Get our newsletter
Order Prints
April 19, 2023 Newswires
Share
Share
Post
Email

How this Uber driver’s $180,000 investment turned into a nightmare

Marshall News Messenger (TX)

Talk about an uphill battle.

Uber Black is the rideshare company's most luxurious tier offering. Riders who select the service are escorted around town by top-rated drivers with commercial driving licenses and premium vehicles with leather seats. It also comes with a premium rate, meaning higher average trip prices and higher driver tip percentages.

According to MarketWatch, this was the upgrade that Massachusetts resident Miguel Abreu hoped to take advantage of when he invested $80,000 for a premium vehicle and another $10,000 in acquiring his commercial licensing fees. He also purchased another car for $90,000 for a second driver. So you can imagine the driver's dismay when Uber (UBER) - Get Free Report unceremoniously kicked him off of the app for suspected fraud.

DON'T MISS: Southwest Airlines Grounded Every US Flight Tuesday Morning

Uber driver using the app.Shutterstock

It all began innocently enough—Uber asked Abreu to check in at an airport where his location was listed. But when the photo's metadata told Uber that he was on an island (unreachable by car) the company closed his account.

After seven years of driving for Uber, Abreu tried to contact the company to reverse the decision, which was clearly made by mistake. He tried visiting Uber's offices in Saugus, Mass., but with no luck. He was reportedly told that his appeal had been rejected, despite not having sent an appeal at all. After multiple visits to the company's office, he was told that he could do nothing to reverse the deactivation. After MarketWatch asked Uber for a comment, Abreu's account was reinstated within two days.

Now, Abreu is back in (Uber) Black. The debacle forced him to sell his second vehicle, so he's looking to purchase another and rehire a second driver. The premium driver told MarketWatch that he supports other drivers calling on states like Massachusetts to better protect gig economy workers from these kinds of deactivations moving forward.

Older

Amount of money stolen from Mainers through elder fraud exploded in 2022

Newer

Fox' pays $787 million to avoid lawsuit over election fraud lies

Advisor News

  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
  • Embracing a family-centric approach to financial planning
More Advisor News

Annuity News

  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Health insurance rates expected to climb again for Minnesotans in 2027
  • Sources say Mangione expected to plead guilty
  • Bartholomew County's uninsured adult rate cut in half over 14-year span following Obamacare
  • Doctors say Medicaid change to gender-affirming care will harm vulnerable youth
  • Victoria County budget heads toward September vote
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
  • Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
  • Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
  • Insurers, rating firms push back on NAIC credit rating oversight plan
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet