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September 20, 2004
Insurance Fraud Hits Record High in Korea
Insurance fraud has hit a record high of 48.4 billion won in the first half of the year, the nation’s top financial regulator said Monday. In a report to the National Assembly, the Financial Supervisory Service (FSS) said the insurance business saw a total of 7,099 insurance fraud cases in the first six months this year.
Posted by Tom Troceen