Ghost broking pair jailed over £900,000 car insurance fraud
A couple has been jailed over convictions for insurance and tax fraud, following an investigation by HM Revenue and Customs (HMRC).
Elina Jaksone and Gagik Manucharvan set up a “ghost” brokerage firm, with hundreds of motorists paying commissions of £100 each.
The couple then posed as the drivers and lied to underwriters over their details and records in order to secure cheaper policies.
Ms Jaksone and Mr Manucharvan ran the scheme over seven years, making a total of £920,000 through the fraud.
They spent the money on cars, public school fees and holidays in Jamaica, Mauritius, Mexico and Tokyo.
The court also heard that the
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