Surging deaths due to Covid-19 are giving rise to a particularly grim crime with syndicates trading in bodies to make bogus death claims, according to the organisation representing the country’s finance industry.

The Association for Savings and Investment SA (Asisa), whose members look after about R6-trillion and include some of the country’s largest life insurers, disclosed this as it released data showing a 12% jump in fraudulent and dishonest claims in 2020...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.