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Sep 13, 2014
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Insurance companies mull staying away from nine hotbeds of fraudsters
Less than a fortnight ago, senior officials who have the last word on claims settled by private life insurance companies, met in Mumbai to discuss a menace they could no longer ignore.
Almost every month, fraudsters have been popping up in small towns across the country to carry out organised attacks on life companies. They come in all hues: faceless crooks in Punjab buying life covers with a bogus log-in on the Internet, as well as old-world racketeers armed with fake death certificates.
Source -
http://economictimes.indiatimes.com
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