Bermuda Police Service issues arrest warrant for former Hiscox Services CFO

The Bermuda Police Service has issued an arrest warrant for the former CFO of Hiscox services, Yuval Abraham, following a complaint from the re/insurance group.

Abraham is alleged to have abused his position to defraud Hiscox of approximately $1.8 million.

Abraham is wanted for questioning in connection to eight counts of obtaining a money transfer by deception; one account of attempting to obtain a money transfer by deception; nine counts of false accounting; and one account of money laundering.

In June 2018 Hiscox sued its former employee for the alleged fraud, having reportedly fired him two months previously.

Abraham left Bermuda before an arrest could be made and his current whereabouts are not known, though he is said to have links with the UK, South Africa, Poland and Israel.

The Bermuda Police Service is calling for anyone with information on the whereabouts of Abraham to contact Detective Constable Jeff Blair or Special Constable Andrew Bartlett.