An unnamed life insurer was left shocked and outraged after considered one of their “useless” shoppers was set to reap the rewards of their very own R6.5 million insurance coverage payout. The fraud was then tackled by the Directorate for Precedence Crime Investigation (Hawks).


KwaZulu-Natal Hawks spokesperson Captain Simphiwe Mhlongo stated the duo of fraudsters are anticipated in courtroom on 5 July.

They had been served their summons on Tuesday to look within the Durban Regional Courtroom for insurance coverage fraud.

“It’s alleged that the 33-year-old suspect utilized for R6.5 million life cowl with an insurance coverage firm in February 2020. Three months later, the 45-year-old beneficiary submitted a declare alleging that the insured individual is useless, ”

he stated.

He says the insurance coverage firm did their due diligence, particularly after they “smelt a rat”, and investigated the insurance coverage declare.

“It was found that the supposed departed individual was alive and a case of fraud was reported at Berea police station. The case docked was allotted to the Hawks workforce from Durban Critical Business Crime Investigation for additional dealing with,”

says Hawks Captain Simphiwe Mhlongo


South African life insurers detected 4,287 fraudulent and dishonest claims price R787.6-million throughout all strains of threat enterprise in 2021, considerably larger than the three,186 claims valued at R587.3-million in 2020.

The findings had been launched by the Affiliation of Financial savings and Funding South Africa (ASISA) this week.

The 4 287 fraudulent claims from 2021 had been a soar up from the three 186 in 2020. The 2021 complete of R787.6 million was additionally a spike from 2020’s fraud receipt of R587.3 million…READ THE FULL STORY

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