詐保 : insurance scam (n.) scam:(n.)欺詐
向保險公司詐領 to fraud the insurer
fleece insurers of their money
fleece (v.) 敲詐
Taiwan investigators yesterday interviewed a Taiwan businessman accused by mainland police of chopping off his own hand in an attempt to defraud his insurer, saying they would not prosecute the man on the strength of evidence furnished by mainland authorities alone.
Source: http://www.chinapost.com.tw/taiwan/intl-community/2011/11/29/324375/China-accuses.htm
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