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Insurance firms cheated out of ฿500m in fake COVID-19 insurance claims

Insurance firms cheated out of ฿500m in fake COVID-19 insurance claims

13 Sept 14:05 Key points summarised by AI
  • Thousands of individuals defrauded insurance companies of an estimated 500 million baht using fake documents for COVID-19 claims under the “Found, Paid, Done” scheme.
  • Insurers, who initially rushed payments during the pandemic, discovered the widespread fraud upon rechecking documents with hospitals, leading to potential legal action for scammers and significant financial losses for some companies.
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