"Students' Gruesome Insurance Scam: Amputations and Deceptive Payouts"

TL;DR
A Taiwanese university student, persuaded by a friend to have his legs amputated in a $1.3 million insurance scam, has been arrested for fraud. The friend, who suffered cryptocurrency losses, tricked the student into signing a note obligating him to pay $800,000. After faking frostbite injuries, the student received only $7,200 from an insurer, which will now be seized. Insurance fraud rates are reportedly rising post-pandemic, with opportunistic fraud cases surging 61% in the UK.
- Student persuaded by friend to amputate legs for $1.3M insurance scam Business Insider
- A student persuaded by his friend to get his legs amputated for a $1.3 million insurance scam wound up getting only $7,200 that he now has to return: prosecutors Yahoo! Voices
- Taipei man freezes off legs with dry ice for NT$41 million insurance payout Taiwan News
- Insurance scammer who wanted $1.3M claim caused his own amputations with dry ice: police New York Post
- 'Insurance fraudster' has both legs amputated 'after immersing them in dry ice for ten hours in plan to claim Daily Mail
Want the full story? Read the original reporting
Read on Business Insider