JOHOR BARU, June 24 — Police busted an insurance syndicate whose bogus agents sign up unwary victims, then stage their murder as accidents before claiming compensation from...
Johor police chief M. Kumar said the police busted an insurance syndicate whose bogus agents sign up unwary victims, then stage their murder as accidents before claiming compensation from the policy bought in the victim’s name. — Bernama picJOHOR BARU, June 24 — Police busted an insurance syndicate whose bogus agents sign up unwary victims, then stage their murder as accidents before claiming compensation from the policy bought in the victim’s name.
He said the investigation revealed that the syndicate killed the victim so it could claim compensation from a life insurance policy of the deceased.“The modus operandi of this syndicate is to buy an RM500,000 life insurance policy for an individual chosen randomly without the victim’s knowledge, usually a person without kin or family.
Kumar said eight men aged 23 to 49 were arrested to assist in the investigation, explaining that police are hunting for other syndicate members still at large.Earlier, Kumar said the ‘accident-killing’ occurred at 4.40 am when the victim riding a Honda EX5 motorcycle was crushed by two cars and a motorcycle on Jalan Senai-Seelong in Kulai.
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