Belfor insurance fraud: prosecution and defence reach agreement on sentence for seven defendants

In the trial over the multi-million-pound Belfor fraud, the prosecution and defence have agreed on a sentence for seven of the nine defendants.

Belfor insurance fraud: prosecution and defence reach agreement on sentence for seven defendants

Belfor insurance fraud: prosecution and defence reach agreement on sentence for seven defendants

In the trial over the multi-million-pound insurance fraud at repair company Belfor, the prosecution and defence have agreed on a sentence for seven of the nine defendants. The agreement covers the majority of the accused in the proceedings.

No details were initially disclosed about the exact terms of the plea agreement or the amount of the requested sentences. The case sheds light on systematic manipulation in the insurance sector, in which damage claims are said to have been artificially inflated or fabricated.

Belfor is a worldwide company for building restoration and damage removal. The fraud scandal has been a burden on the industry for some time.

Source: SRF

Source: Google News CH — Crime (de)

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