Hey there!
Could you clarify the question a bit? I'm afraid to properly answer this, it would necessary to be a bit more clear about what you mean.
Thank you!
At 11:40 p.m. April 14, 1912, a very still night in the North Atlantic, lookouts on board RMS Titanic sighted an iceberg dead ahead. Despite orders from the bridge to reverse the engines and turn the ship away from the berg, it struck a glancing blow on the ship's starboard side.
The impact buckled hull plating and popped rivets along the starboard side of Titanic, opening a series of holes calculated variously to be about 1.115 to 1.71 square meters, which allowed water to pour into several compartments of the hull. (The section of the hull that was holed is buried in mud at the bottom of the ocean, so the fill rate is calculated by inference -- see link below.)
Although the hull was fitted with watertight compartments, the compartments were not watertight up to the deck level, so as water filled them it overtopped the compartments and filled further ones.
As the compartments filled with water, the bow of the ship was gradually dragged underwater. As the ship's hull sank, its stern rose out of the water. At about 2:15-2:20 on the morning of April 15, the ship broke in half and the stern section fell back briefly to level, before rising and sinking almost vertically.
It's generally agreed that about 710 people on board survived, and about 1,500 died. The death toll varies depending on the source, because there's no single list of all the passengers and crew aboard.
That's it -- that's what happened. It wasn't an insurance scam, it wasn't an international banking scam, it wasn't anything but a vast and tragic accident.
Sources and further reading:
Robert D. Ballard, Rick Archbold, Walter Lord et al. The Discovery of the Titanic, Warner, 1995
Richard Brown, The Voyage of the Iceberg, Bodley Head, 1983
John P. Eaton and Charles A. Haas, Titanic: Triumph and Tragedy. (3d ed.) Haynes, 2011