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CCB complimented for cracking major fraud |
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The Commercial Crime Bureau (CCB) has earned the compliments of a number of insurance companies for cracking a complex insurance fraud last year. The investigations by CCB officers subsequently led to six persons being convicted by the District Court for conspiring to defraud four insurance companies of $32 million. The defendants were jailed for three to five years. The conviction owes much to CCB's expeditious and successful investigation, as well as adoption of a multi-agency and intelligence-led strategy. Representatives of the insurance companies concerned called at CCB on July 6 and presented a wooden plaque and a crystal stand as tokens of their gratitude. A senior official from the Office of the Commissioner of Insurance was present at the presentation.
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