South Africa

“Dead” suspect and accomplice in court for R6.5m life insurance fraud

An unnamed life insurer was left stunned and outraged after one of their “dead” clients was set to reap the rewards of their own R6,5 million insurance payout. The fraud was then tackled by the Directorate for Priority Crime Investigation (Hawks).

FROM THE GRAVE TO THE COURTROOM

KwaZulu-Natal Hawks spokesperson Captain Simphiwe Mhlongo said the duo of fraudsters are expected in court on 5 July. 

They were served their summons on Tuesday to appear in the Durban Regional Court for insurance fraud.

“It is alleged that the 33-year-old suspect applied for R6.5 million life cover with an insurance company in February 2020. Three months later, the 45-year-old beneficiary submitted a claim alleging that the insured person is dead,”

he said.

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He says the insurance company did their due diligence, especially after they “smelt a rat”, and investigated the insurance claim. 

“It was discovered that the supposed departed person was alive and a case of fraud was reported at Berea police station. The case docket was allocated to the Hawks team from Durban Serious Commercial Crime Investigation for further handling,”

says Hawks Captain Simphiwe Mhlongo

MILLIONS MORE IN FRAUD 

South African life insurers detected 4,287 fraudulent and dishonest claims worth R787.6-million across all lines of risk business in 2021, significantly higher than the 3,186 claims valued at R587.3-million in 2020. 

The findings were released by the Association of Savings and Investment South Africa (ASISA) this week.

The 4 287 fraudulent claims from 2021 were a jump up from the 3 186 in 2020. The 2021 total of R787.6 million was also a spike from 2020’s fraud receipt of R587.3 million…READ THE FULL STORY

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