Reported 10 months ago
The Criminal Investigation Bureau recently arrested a couple surnamed Zhou for allegedly scamming multiple insurance companies by faking falls on public transportation to claim compensation. Over the span of 10 years, they received a total of 55 million in payouts by pretending to get injured. The couple used their retirement knowledge to purchase multiple accident insurance policies and would fake injuries, especially on public transportation. They were caught with a large quantity of cash and goods obtained through the scam, and are now facing fraud and money laundering charges.
Source: YAHOO