Fake car accident fraud scheme busted: CIB
The China Post news staffTAIPEI, Taiwan -- The Criminal Investigation Bureau (CIB) recently discovered an alleged fraud ring led by a suspect, surnamed Yang, who is accused of purchasing insurance policies for homeless people and faking car accidents to collect settlements, the CIB said yesterday.
March 14, 2013, 12:00 am TWN
The CIB sent 50 police officers who were divided into 14 groups to canvas Taichung, Changhua and Taipei yesterday, detaining 21 suspects and witnesses for questioning at the Taichung District Court.
The bureau worked with Nantou County and the Taichung Police Office on the cases and discovered Yang allegedly insured homeless people who were in poor health, or people with alcohol addictions.
Authorities said Yang allegedly registered the aforementioned victims as married, and purchased large travel insurance policies in their names.
The CIB said they discovered that most of the insured died three or four months after their policies came into effect, or had several major surgical procedures.
Officials said that the fraud ring has claimed over NT$4 million from three faked car accidents two insured deaths.