IFB warns of uptick in ‘underreported’ romance insurance fraud
Following the rise in romance insurance fraud, when a fraudster takes advantage of a romantic partner to extort money out of either them or an organisation, the Insurance Fraud Bureau has told Insurance Post that the issue remains ‘underreported.’
The IFB recently revealed that romance scammers are changing their tactics, manipulating their victims into taking out insurance policies, fraudulently claiming compensation, and then pocketing the
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