Wednesday, March 30, 2011

Mastermind in insurance scam jailed for 32 months

Mar 9, 2011 Wednesday. The Straits Times. (Singapore)

By Elena Chong


Ong Ai Peng, 48, a former tow truck driver, had pleaded guilty to 10 charges of conspiracy to cheat NTUC Income Co-operative and India International Insurance. -- ST PHOTO: WONG KWAI CHOW


THE mastermind behind false motor personal-injury insurance claims was jailed for 32 months on Wednesday.
Ong Ai Peng, 48, a former tow truck driver, had pleaded guilty to 10 charges of conspiracy to cheat NTUC Income Co-operative and India International Insurance. Both companies were deceived into paying out sums of money to settle personal injury accident claims between 2005 and 2009.
Twenty-one other similar charges were taken into consideration. In all, he cheated the two insurance companies of $181,563, and the total payout was $65,207.
Nineteen accomplices were involved. The scam involved phantom passengers of motor vehicle accident lodging fraudulent insurance claims. He roped in not only his wife and his friends but also his teenage daughters and their friends.
Ong had surrendered himself in July last year after being on the run for some 16 months.
District Judge Kessler Soh said such insurance scams, if left unchecked, would undermine the foundations of Singapore's compulsory motor insurance regime.


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