Hong Kong’s anti-graft agency has charged six individuals, including two police officers and a solicitor, on suspicion of deceiving two insurers out of HK$3 million in payments.
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Police sergeant Lam Hin-ho, 36, allegedly recruited family members, friends and colleagues to pose as insurance agents and policyholders and take out 20 bogus policies using false information to deceive the insurers into releasing payments of commissions, bonuses and allowances.
The five co-defendants were aged between 29 and 45. Three of them, who posed as frontline agents, were the sergeant’s friend Lau Chun-yee, his elder brother Lam Chun-pong and sister-in-law Yu Xiaodan.
The two others were solicitor Osbert Hui Yee and police constable Sze Hong-chak, who posed as policyholders.
According to The Independent Commission Against Corruption, Lam, who was not an insurance agent nor eligible to sell any product, allegedly conspired with a former middle manager from Sun Life Hong Kong as well as China Taiping Life Insurance to recruit associates to take out policies and pay premiums.
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The insurers later disbursed commissions, bonuses and allowances of HK$1 million and HK$2 million, respectively, to the bogus agents, it said.