
Sign up to save your podcasts
Or


Bad actors who couldn’t snatch expensive timepieces during the pandemic when people stayed home turned to luxury watch fraud, which has evolved into a variety of crimes: refund and chargeback requests, use of counterfeit watches, fraudulent finance applications and even crypto scams. Recovery operations for these high-dollar watches reveal that 10% of overall cases are linked to fraud—the real figure is expected to be much higher. We spoke with Katya Hills of The Watch Register about the trend and why these crimes seem to be more prevalent.
To read more Expert Viewpoints articles visit https://www.claimsjournal.com/expert-viewpoints/
The post Luxury Watch Fraud An Expanding Crime Category to…Watch appeared first on Insurance Journal TV.
By Insurance Journal3.2
2727 ratings
Bad actors who couldn’t snatch expensive timepieces during the pandemic when people stayed home turned to luxury watch fraud, which has evolved into a variety of crimes: refund and chargeback requests, use of counterfeit watches, fraudulent finance applications and even crypto scams. Recovery operations for these high-dollar watches reveal that 10% of overall cases are linked to fraud—the real figure is expected to be much higher. We spoke with Katya Hills of The Watch Register about the trend and why these crimes seem to be more prevalent.
To read more Expert Viewpoints articles visit https://www.claimsjournal.com/expert-viewpoints/
The post Luxury Watch Fraud An Expanding Crime Category to…Watch appeared first on Insurance Journal TV.

43,624 Listeners

11,184 Listeners

1,716 Listeners

4,353 Listeners

370 Listeners

9,507 Listeners

24 Listeners

112,327 Listeners

28,647 Listeners

20,294 Listeners

302 Listeners

590 Listeners