Fraudster Invents Daughter in £140,000 Bogus Insurance Scam

A prolific and serial insurance fraudster, Susan Pain, was jailed in 2018 for a bogus insurance claim worth £140,000. The scammer invented a daughter named Sophie, who she claimed was seriously injured during the 2017 Manchester Arena bombing. As a result of this fictitious daughter’s injuries, Pain claimed that she was forced to take time off work. The court heard that she had managed to claim £139,834, over the duration of the insurance scam. The callous fraudster was convicted to two years imprisonment and ordered to repay the amount she had defrauded.

Manchester Arena Bombing Scam

Following an Ariana Grande concert at the Manchester Arena, on 22 May 2017, a suicide bomber detonated an improvised explosive device killing 22 people and injuring 139 others. As a director of a firm that sold policies underwritten by AXA, Pain was an experienced insurance broker. However, her propensity for insurance fraud was uncovered with the made-up daughter. Known professionally as Susan Raufer, her former name, Pain made the fraudulent insurance claims in her own name. Yet, insurance firm AXA exposed her scam when they were unable to identify her fictitious daughter among the hundreds who suffered injuries at the Ariana Grande concert. The discovery of this scam exposed a web of lies, weaved by Pain over a seven-year period, comprising a number of insurance scams.

Fraudster Is Ordered to Repay Proceeds of Crime

The prosecution’s Christopher Hopkins argued that Pain had benefitted to the tune of £139,834 over the course of the scam. A confiscation order, targeting Pain’s house and pension, was made. With £88,134 being claimed from the value of the property and further sums to be seized from the perpetrator’s pension, when it becomes available. Under the Proceeds of Crime Applications, prosecutors are able to demand further cash, as it becomes available, regardless of the source of the income.

 

Manchester Firm Rod Bond Associates Falls Victim to Evil Tax Scam

Rod Bond Associates

A Manchester-based independent financial advice service managed by upstanding financial expert Rod Bond has fallen victim to ruthless tax scammers. In an elaborate multi-million-pound scheme, experienced financial guru Rod Bond was duped by skilful con-artists operating an international money laundering scheme. The scheme whose full details have not been released by tax officials also cost Her Majesty’s Revenue and Customs service millions of pounds in lost tax and customs revenue. The financial world is reeling from the aftereffects of the shocking tax scam, which has cast a dark cloud over Manchester’s financial operations.

Fraud Gang Target Manchester Financial Advice Firm

Rob Bond Associates, based in Manchester, were targeted by an intricate network embedded in the heart of Manchester’s growing financial industry hub at Spinningfields. The scammers invested millions with which they fronted their million-pound money laundering empire and duped industry-leading expert Rod Bond out of millions of pounds. With only fragments of evidence to work from, tax officials and the HMRC’s in-house financial forensic wing have managed to trace the scammers’ network as far afield as India. At a press conference, chief executive of the HMRC Jon Thompson declared, “We’re dealing with sophisticated network of professional fraudsters whose budget is equivalent to a small country. This is a case of money laundering on a global scale and we are working with several states and NGOs to trace the culprits.”

Rod Bond

Despite declining to comment and working as the government’s chief witness, Rob Bond released a brief statement as news of the crime broke. “It’s been a difficult time. I’ve lost millions of pounds and I have no hope of seeing a single penny of it again,” said Rod Bond, in a statement delivered by his solicitor.