Insurance Day Asia
HONG KONG AGENT ADMITS PART IN FRAUD
An insurance agent in Hong Kong has admitted her role in an attempted HK$8.55m (US%1.1m) fraud that involved two Chinese mainlanders
having their right eyes surgically removed. Ho Shuk-yin pleaded guilty in a District Court to five charges, including conspiracy
to defraud. Insurance claims worth HK$23.68m were filed and HK$8.55m was paid out. Two mainlanders had claimed that they lost
their eyes in motor accidents on the mainland in claims submitted to several insurers. The victims of the mutilation have
said that they never received the HK$300,000 payments promised to them for taking part in the fraud. Ms Ho’s former supervisor,
Kwok Yan-Sang, is accused of similar offences and faces trial next week. Eight people in total, four of whom agreed to being
blinded in one eye and two of whom actually submitted to the operation, are alleged to have taken part in the scheme. Former
agent Kwok Wah-cheong pleaded guilty in January and agreed to testify against others allegedly involved in the fraud.