ABSTRACT

All insurance frauds are for the purpose of obtaining insurance payments which the fraudsters would not be entitled to; in a broad sense, it may be said that all frauds in connection with claims are fraudulent claims. To put it more clearly, it can be said that a claim is fraudulent if it can be shown that the insured intended to defraud the insurer of insurance moneys, or put forward false evidence and documents when in fact there was no loss or the loss was exaggerated.