FLMI cheating case: Insurance Authority says policies handled by intermediaries involved are unaffected

The Insurance Authority said policies handled by insurance intermediaries involved in the Fellow, Life Management Institute (FLMI) cheating case are unaffected in validity and policyholders' rights and interests. Police busted a criminal syndicate on August 28 this year, arresting 11 syndicate members and 4 candidates. The Kwun Tong examination venue involved was operated by the "Greater China Self-Media Association", with at least 250 people obtaining the FLMI qualification through the venue. The 15 people arrested earlier continue to be released on bail pending further investigation.