Millions Lost To Fraudsters As Fake Insurance Policies, Sold To Vehicle Owners, Flood Zimbabwe

Millions Lost To Fraudsters As Fake  Insurance Policies,  Sold To Vehicle Owners, Flood Zimbabwe

Fake motor vehicle insurance policies have flooded the country with millions of dollars being lost to fraudsters, Transport minister Joram Gumbo has said. Gumbo, in a ministerial statement to the National Assembly on Thursday, said there was a lot of corruption in vehicle insurance to the extent that the Traffic Safety Council of Zimbabwe (TSCZ) had experienced problems in collecting levies from third party insurance firms. “Of late, the Traffic Safety Council of Zimbabwe has…

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