Chinese authorities cracked down on over 300 insurance fraud gangs, addressing 1,400 cases worth $209M.

Chinese authorities dismantled over 300 criminal gangs involved in insurance fraud during a seven-month campaign, addressing over 1,400 cases worth about 209 million USD. The Ministry of Public Security worked with financial regulators, targeting fraud in auto, personal injury, and other insurance types. Authorities also highlighted major cases to raise public awareness.

3 months ago
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