09 Mar '11, 8am

Mastermind in insurance scam jailed for 32 months

Mastermind in insurance scam jailed for 32 months

Ong Ai Peng, 48, a former tow truck driver, had pleaded guilty to 10 charges of conspiracy to cheat NTUC Income Co-operative and India International Insurance. -- ST PHOTO: WONG KWAI CHOW THE mastermind behind false motor personal-injury insurance claims was jailed for 32 months on Wednesday. Ong Ai Peng, 48, a former tow truck driver, had pleaded guilty to 10 charges of conspiracy to cheat NTUC Income Co-operative and India International Insurance. Both companies were deceived into paying out sums of money to settle personal injury accident claims between 2005 and 2009. Twenty-one other similar charges were taken into consideration. In all, he cheated the two insurance companies of $181,563, and the total payout was $65,207. Nineteen accomplices were involved. The scam involved phantom passengers of motor vehicle accident lodging fraudulent insurance claims. He roped in n...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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