LET'S TALK FRAUD

Starting a thread to share some of the interesting, uncommon and maybe even a little bit weird Insurance Fraud stories we have seen & heard as well as discussing evolving new threats.....better awareness= better detection & prevention!!
I know for a fact @shyamb has got a funny life insurance one, @Alex @Holly @Ross @Arnaud @Jamie @Clark @ivan- what have you got?? :)
Comments
-
My favourite fraud story (out of many) is where a leading insurer received a life insurance claim.
Allegedly an individual went to a foreign country to get treatment but passed away whilst there. The documentation received from the hospital was genuine, including the death certificate.
However, the investigator scanned the fingerprints on the death certificate...and identified the alleged claimant's fingerprint!
Needless to say - the claimant was found out, and it subsequently transpired that he had paid a hospital doctor in this country to forge the documentation (including death certificate) needed to make the claim which was for a substantial amount of money.
1
of Christmas
Badge Hunt!
Topics
- Topics
- General Topics
- 55 Getting Started
- 5 Jobs Board
- Platform Topics
Specialist User Groups
-
Investigating Network Fraud
Following on from my article on why networks are important – I regularly talk with investigators on how best to identify and investigate organised network fraud. I am mindful that there are a lot of seasoned investigators out there so in this article I will be talking basics and from a perspective of using technology only…
-
New blog on various journeys to KYC transformation - tell us how you are approaching it!
While there is no "one-size-fits-all" journey to pKYC, the same foundations are critical to success for banks. Discover our latest blog on 'Pathways to pKYC: Different Journeys, Same Foundations' and let us know how you are intending to take on this transformation.
-
FCA Dear CEO letter for wealth management and stockbroking firms - Are you doing enough?
The UK Financial Conduct Authority has published a ‘Dear CEO’ letter this week to wealth management and stockbroking firms. The letter highlights two areas of concern, prevention of financial crime and implementation of the Consumer Duty. Specifically related to Financial Crime, it notes that the FCA expects firms to: not…