All news on the topic: Insurance Fraud

Moped riders are deliberately crashing into cars in organised "crash for cash" scams, as insurers warn the fraud is becoming increasingly sophisticated.

An extensive criminal network of trekking agencies, hospitals, and helicopter pilots allegedly fed tourists baking soda to cause illness, fraudulently extracting nearly $20 million in insurance payouts.

Sri Lanka’s former tourism minister was arrested Wednesday over alleged insurance fraud at the start of the country’s unprecedented economic crisis. Sri Lanka’s GDP per capita stood at $4,515 in 2024.