The Insured have submitted a claim of THB 337,860.14 regarding the cash that were embezzled by the defaulter, who was employed by them as a bill collector.
The Insured provided us with the copies of the receipts signed by the defaulter to support the claim. However, some customers lost the signed receipts but they confirmed in the signed outstanding confirmation letter, prepared by the Insured, that the balance was incorrect as they had made the payment to the defaulter who worked for the Insured as a bill collector.