Man jailed for £600,00 fraudulent life insurance claims

Sentenced to three years imprisonment over life insurance claims

John Brazier
clock • 2 min read

A Coventry man has been sentenced to three years in jail for making a £600,000 claim on fraudulent policies taken out under his deceased brother's name.

Daniel Banete, 30, attempted to claim the payments across four life insurance policies taken out after the death of his brother from Covid-19 in Romania two years ago. Banete plead guilty to eight charges of fraud by false representation and was subsequently sentenced to three years imprisonment at Warwick Crown Court on 6 December. An investigation by the City of London Police's Insurance Fraud Enforcement Department (IFED) found Banete took out four separate life insurance policies under his brother's name between 16 and 21 July 2020, shortly after the death of his brother on 8 July...

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