09/10/2013
27 Arrests Following Fake Car Insurance Investigation
Twenty-seven people have been arrested in dawn raids across the country by detectives investigating the sale of fake car insurance policies, a practice commonly known as 'ghost broking'.
Twenty-eight warrants were executed in the Leicestershire, London, Manchester, Thames Valley, West Midlands areas early this morning, in a police day of action that marks the culmination of months of investigation by the City of London Police's Insurance Fraud Enforcement Department (IFED).
One hundred and sixty-eight officers took part in the operation, with the City of London Police unit supported by colleagues from the force’s Economic Crime Directorate as well as officers from Greater Manchester, Leicestershire, Metropolitan, Thames Valley and West Midlands police forces.
Ghost brokers often target young drivers by offering cheap deals but anyone who buys one of their policies will find themselves driving without insurance, which could lead to their car being seized by police, fines, penalties and a criminal record. Uninsured drivers will also have to pick up the bill for any damage or injuries they cause in a crash.
IFED has already brought to justice ghost brokers who have tried to sell or sold cheap fake car insurance policies online, using phony websites as well as genuine classifieds and social media websites. The unit has had reports of ghost brokers operating in communities, approaching people in restaurants and internet cafes as well as on university campuses.
DCI Dave Wood, Head of IFED, said: "This day of action reveals ghost broking to be a UK-wide problem which is being met by a national law enforcement response, led by IFED.
"The consequences for innocent motorists who fall victims to ghost brokers can be dire, so it is absolutely vital that drivers shopping for car insurance online, or through other means, question what they are being offered to ensure they get a real deal.
"Driver diligence, coupled with enforcement action being taken by IFED and supported by local forces, is the best way to confront this threat now and in the future."
(CD/IT)
Twenty-eight warrants were executed in the Leicestershire, London, Manchester, Thames Valley, West Midlands areas early this morning, in a police day of action that marks the culmination of months of investigation by the City of London Police's Insurance Fraud Enforcement Department (IFED).
One hundred and sixty-eight officers took part in the operation, with the City of London Police unit supported by colleagues from the force’s Economic Crime Directorate as well as officers from Greater Manchester, Leicestershire, Metropolitan, Thames Valley and West Midlands police forces.
Ghost brokers often target young drivers by offering cheap deals but anyone who buys one of their policies will find themselves driving without insurance, which could lead to their car being seized by police, fines, penalties and a criminal record. Uninsured drivers will also have to pick up the bill for any damage or injuries they cause in a crash.
IFED has already brought to justice ghost brokers who have tried to sell or sold cheap fake car insurance policies online, using phony websites as well as genuine classifieds and social media websites. The unit has had reports of ghost brokers operating in communities, approaching people in restaurants and internet cafes as well as on university campuses.
DCI Dave Wood, Head of IFED, said: "This day of action reveals ghost broking to be a UK-wide problem which is being met by a national law enforcement response, led by IFED.
"The consequences for innocent motorists who fall victims to ghost brokers can be dire, so it is absolutely vital that drivers shopping for car insurance online, or through other means, question what they are being offered to ensure they get a real deal.
"Driver diligence, coupled with enforcement action being taken by IFED and supported by local forces, is the best way to confront this threat now and in the future."
(CD/IT)
Related UK National News Stories
Click here for the latest headlines.
30 May 2014
Insurance Fraud Reaches Record High
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion in 2013, up 18% on the previous year according to figures published today by the Association of British Insurers (ABI). This figure is more than double the cost the UK's shoplifting bill.
Insurance Fraud Reaches Record High
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion in 2013, up 18% on the previous year according to figures published today by the Association of British Insurers (ABI). This figure is more than double the cost the UK's shoplifting bill.
17 December 2013
Competition Commission Criticises Motor Insurance Industry
The Competition Commission has made a number of recommended revisions to the motor insurance industry following a year long review at the request of the Office of Fair Trading (OFT). The commission described premiums as "unnecessarily high" for all drivers due to the complex chain of claims, blaming the cost of courtesy cars and repairs.
Competition Commission Criticises Motor Insurance Industry
The Competition Commission has made a number of recommended revisions to the motor insurance industry following a year long review at the request of the Office of Fair Trading (OFT). The commission described premiums as "unnecessarily high" for all drivers due to the complex chain of claims, blaming the cost of courtesy cars and repairs.
14 January 2013
Government Outlines Flat-Rate Pension Reforms
A new flat-rate state pension is being outlined by the government today. The unified pension rate, likely to begin in 2017, will amount to £144 a week. Prime Minister David Cameron says the plans are "fair", and will likely benefit women and many lower-paid workers who otherwise wouldn’t get a good state pension.
Government Outlines Flat-Rate Pension Reforms
A new flat-rate state pension is being outlined by the government today. The unified pension rate, likely to begin in 2017, will amount to £144 a week. Prime Minister David Cameron says the plans are "fair", and will likely benefit women and many lower-paid workers who otherwise wouldn’t get a good state pension.
04 October 2012
Call For Young People Driving Overhaul
Radical measures, such as a minimum one year learning period, restrictions on night time driving and lowering the alcohol limit for driving, are now needed to reduce the high crash risk young drivers face and to lower their motor insurance costs according to a report published today by ABI.
Call For Young People Driving Overhaul
Radical measures, such as a minimum one year learning period, restrictions on night time driving and lowering the alcohol limit for driving, are now needed to reduce the high crash risk young drivers face and to lower their motor insurance costs according to a report published today by ABI.
03 October 2011
Forensic Coding Helps Biker's Beat Thieves
A UK motorcycle insurance specialist Carole Nash is launching a groundbreaking new theft-reduction scheme, which will see it provide a cutting edge forensic coding system to UK bikers.
Forensic Coding Helps Biker's Beat Thieves
A UK motorcycle insurance specialist Carole Nash is launching a groundbreaking new theft-reduction scheme, which will see it provide a cutting edge forensic coding system to UK bikers.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.