This book is primarily about Fraud Perpetration and how it affects the insurance business. Insurance Executives should pay attention to the nature of fraud and its impact on the growth and development of the economy. Insurance as a risk transfer mechanism helps remove uncertainty in the events of a loss. Fraud perpetration is two-edged sword cutting the insurance industry asunder by increasing premiums and causing bad public image for insurance professionals. Insurance misrepresentation has gone with the Insurance business for a long time taking different examples year in and year out. The level and results of extortion execution have raised concerns among industry players regarding the matter as of late. Fraud perpetration in insurance is a "cancer" in the heart of insurance professionals.