Tutoring Couple Exploits Insurance Loophole! Fakes 50 Million in Claims by Faking Falls, Lives in Luxury Mansion with Gold Bars

Reported 10 months ago

A man named Zhou (53 years old) and his wife Lin, who both worked in the tutoring industry, faked over 1,000 insurance claims in the past 10 years for falls and sprains, totaling 55.04 million in fraudulent claims. The police arrested the couple and found 260 gold bars, 110 boxes of high-end bird's nests, ginseng, and other related evidence in their residence. The couple, without legitimate income after retirement, lived a leisurely life in Hualien, owning agricultural land, villas, and gold bars purchased through fraudulent means. They have been detained pending further investigation on charges of fraud and money laundering.

Source: YAHOO

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