Ghost broking costs revealed in new police campaign

warning-sign-grunge

The City of London Police’s Insurance Fraud Enforcement Department (IFED) has calculated that victims of ghost broking lose an average of £769.

According to IFED, its national fraud and cyber reporting centre, Action Fraud, received more than 850 reports linked to ghost broking between November 2014 and October 2017.

Reported losses for both individuals and organisations totalled £631,000.

Of these reports, 417 resulted in IFED taking action against the offenders.

The hall of shame included

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: