Sun Life Hong Kong Limited 香港永明金融有限公司

10 ex-FWD Life Insurance agents and 7 ex-Sun Life HK agents charged with HK$43m dummy agents commission fraud
ICAC, 13-Oct-2022
The huge alleged scam involved 478 applications for "high commission rate insurance products".
Ex-Sun Life HK insurance agent charged over HK$750k commission fraud
ICAC, 11-Oct-2022
Insurance agent charged over HK$30m commission scam
ICAC, 22-Jun-2022
It always amazes us how much commission is paid up-front in this industry. Ms Lo Yin Wa was working for another, unnamed firm, and allegedly procured 6 "dummy agents" to receive commissions from Sun Life, into bank accounts she controlled. 208 "high commission rate" products were involved, and the policies lapsed after subsequent premiums were not paid.
Ex-Sun Life manager jailed for 10 months for HK$640k commission scam
ICAC, 8-Apr-2022
Ex-Sun Life manager convicted of laundering HK$640k in commissions
ICAC, 31-Jan-2022
In a typical life insurance sales scam, 8 policies were booked to his underling in order to maximise the commissions - an average of HK$80k per policy, which again underlines what an inefficient savings method this industry is.

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