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Fourteen suspects arrested for alleged COVID-19 compensation fraud

Fourteen suspects arrested for alleged COVID-19 compensation fraud

13 Sept 14:13 Key points summarised by AI
  • Authorities arrested 14 suspects, including insurance brokers, for allegedly orchestrating a widespread COVID-19 compensation fraud scheme.
  • The scam involved 11 customers using fake claim forms to illicitly receive 50,000 baht payouts, while three brokers sold policies without registering customers, pocketing the premiums.
  • Insurance companies incurred an estimated 53 million baht in losses, with the fraud discovered through discrepancies in claim numbers, prompting an expanded investigation and concerns over future premium increases for consumers.
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