And they built relationships with international insurance companies to allay any other concerns they may have.As a result, prices came down, so the insurers were happy. Or if her insurer refused to pay and she got landed with a large bill for a helicopter rescue she probably didn’t need. With razor thin profit margins, fraudulent helicopter rescues represent low hanging fruit in terms of potential cash. I found one particularly well-connected man who owns a helicopter company and a charter company. That is the same argument used by the trekking companies I’ve linked to the fraud.

Source: Egypt Today September 18, 2018 12:11 UTC