n Servamus Community-based Safety and Security Magazine - Insurance fraud Costing the country billions

Volume 109, Issue 12
  • ISSN : 1015-2385


Next to tax fraud, insurance fraud is regarded as the most common type of white-collar crime in the world. Knowler (2013) notes that the majority of insurance fraud falls into the "soft fraud" category - a valid incident of which the facts have been distorted - as opposed to the "hard fraud" category - incidents in which someone submits a claim for an incident that never happened, such as saying that their vehicle has been stolen.

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