Online Receipt Generator Used In Fraudulent Theft Claim

  Friday, March 16th, 2018 Source: Canadian Underwriter

Processing a property theft claim? Check your claimant’s receipts carefully. Saskatchewan Government Insurance (SGI) announced Thursday that it busted a $25,000 insurance scam last year for stolen jewelry by uncovering a handy-dandy — if illegal — online fake receipt generator. A would-be thief made a claim on an SGI Canada property policy for expensive clothes, computer equipment and jewelry, providing the insurer with receipts for the items. The receipt for an expensive diamond ring drew the attention of the insurer’s special investigation unit (SIU), which uncovered $7 million in fraudulent insurance claims last year.

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