Insurance fraud cases caused by an artist
Saturday, 11 05 2016, Category: Insurance and Reinsurance, Country: Middle East
Informed sources confirmed that a well-known insurance company canceled the insurance policy of a Lebanese artist who tried for a period of time to fabricate accidents in order to obtain financial compensation, indicating that he mostly fabricated traffic accidents, burned a room in his house and other events that can be compensated materially. This caused the insurer to bear losses, so it decided to suspend collaboration with him. The artist who is in his thirties moved to another company, which will in turn be negatively affected by his activities.
The wealthy artist does not need money but at the same time, greed and selfishness incite him to exploit any opportunity for material gains bearing in mind that he invested his funds in numerous projects.
Source: Emirates Voice