Tag

Insurance Scam

All articles tagged with #insurance scam

crime1 year ago•2 min saved

"Insurance Scam: Student's Failed Amputation Plot for $1.3M Payout"

A 23-year-old student in Taiwan, persuaded by a friend to amputate his legs for a $1.3 million insurance scam, ended up receiving only $7,200 and now faces arrest for fraud. The friend convinced him to soak his feet in dry ice to induce frostbite, but medical staff became suspicious of the injuries. Both individuals have been arrested and charged with fraud and aiding serious injury, highlighting the increasing rates of insurance fraud post-pandemic.

via Yahoo! Voices|

#amputation #crime #fraud-scheme

crime1 year ago•2 min saved

"Friend's $1.3 Million Insurance Scam Leaves Student with $7,200 Debt: Prosecutors"

A 23-year-old student in Taiwan, persuaded by a friend to undergo a fraudulent insurance scam by amputating his legs, ended up receiving only $7,200 of the intended $1.3 million payout and now faces arrest for fraud. The friend, who had suffered cryptocurrency losses, convinced the student to soak his feet in dry ice to induce frostbite, but medical staff became suspicious of the injuries. Both individuals have been arrested and charged with fraud and aiding serious injury, highlighting the increasing prevalence of insurance fraud post-pandemic.

via Yahoo! Voices|

#amputation #crime #cryptocurrency

crime1 year ago•2 min saved

"Students' Gruesome Insurance Scam: Amputations and Deceptive Payouts"

A Taiwanese university student, persuaded by a friend to have his legs amputated in a $1.3 million insurance scam, has been arrested for fraud. The friend, who suffered cryptocurrency losses, tricked the student into signing a note obligating him to pay $800,000. After faking frostbite injuries, the student received only $7,200 from an insurer, which will now be seized. Insurance fraud rates are reportedly rising post-pandemic, with opportunistic fraud cases surging 61% in the UK.

via Business Insider|

#amputation-scam #crime #cryptocurrency