Ex-insurance agent jailed after Manulife duped into making $1,750 in payouts

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SINGAPORE - A Manulife financial adviser teamed up with a colleague and a chiropractor to make $8,855 in fraudulent claims.. Read more at straitstimes.com.

SINGAPORE - A Manulife financial adviser teamed up with a colleague and a chiropractor to make $8,855 in fraudulent claims.Mike Chew Jun Yong, 37, admitted on Friday to three counts of cheating and was sentenced to six months' jail.

The pair would sell Manulife personal accident insurance policies to the patients, who would go back to CFG and claim the cost of treatments against the policies they had bought. Meanwhile, Chew and Tien submitted claims to Manulife despite knowing the details were untrue. In some cases, the pair also wrote false details in the accident claim forms to facilitate the insurance claims.

 

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