IFED
Broker given five years prison sentence for stealing over £133,000
An insurance broker who diverted payments totalling more than £133,000 into his own personal bank account leaving clients without cover and faking claims has been sentenced to more than five years in prison.
Interview: DCI Nik Jethwa, head of the insurance fraud department at the City of London Police
Detective Chief Inspector Nik Jethwa, head of the insurance fraud department at the City of London Police, tells Insurance Age why he is optimistic about the outlook for fighting insurance fraud, including ghost broking, with industry collaboration and…
Father and son sentenced for ghost broking scam
A father and son have been sentenced for their roles in a ghost broking scheme, following an investigation led by the City of London Police’s Insurance Fraud Enforcement Department.
Ghost broker sentenced
A ghost broker has been sentenced to 12 months’ imprisonment, suspended for 12 months with a requirement to complete 150 hours of unpaid work, after selling two fraudulent motor insurance policies to unsuspecting members of the public.
Three arrested in the UK in FCA led crackdown on illegal finfluencers
Three people in the UK have been arrested as the Financial Conduct Authority led an an international crackdown on illegal finfluencers in a week of action that kicked off on Monday.
Ghost broker jailed for fake car insurance fraud
A man has been jailed for illegally advertising his services as an insurance broker on Instagram.
Two fraudsters ordered to pay back £376,000 after ghost broking scam
A court has granted confiscation orders against two men who were convicted for their roles in a car insurance ghost broking scheme.
Ghost broking cases jump nearly a quarter at Action Fraud in 2024
Action Fraud received 817 reports of ghost broking in 2024, a 24% increase on the previous year, the organisation has confirmed.
Ghost broker handed two-year suspended prison sentence
A man who sold invalid insurance policies and tried to take out car insurance for himself by covering up his driving offences and using a fake no-claims discount certificate has been sentenced to two years in prison, suspended for two years.
Ex-insurance broker jailed for pocketing £46k from bouncy castle hire companies and amusement parks
A former insurance broker has been jailed for two years, after he stole £46,125 by editing a wholesale broker’s contracts to increase the cost of premiums paid by his clients, the City of London Police have confirmed.
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers.
Nine ghost broker actions in police counter-fraud Operation Henhouse
Police officers from the Insurance Fraud Enforcement Department have served nine cease and desist notices over a two-week period to help tackle ghost brokers.
Ghost broker who targeted Sudanese community sentenced
The City of London Police have revealed a man who offered fraudulent motor insurance policies to Sudanese nationals living in the UK has been sentenced to 10 months’ imprisonment, suspended for 12 months.
Former RSA employee who stole and sold customer details jailed
An ex-RSA employee has been jailed for stealing customer details and selling them to claims management companies.
Ex-broker among 10 arrested in police crackdown on commercial insurance fraud
Ten people have been arrested across the country, and 18 vehicles seized during a two-week police operation to tackle commercial insurance fraud.
IFB reveals new ‘crash for cash’ hotspots across UK
The Insurance Fraud Bureau has detailed the top 10 new areas targeted by ‘crash for cash’ gangs as it warned drivers to be vigilant of the scam.
People Moves: 11 - 22 April 2022
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Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Former Allianz employee sentenced for stealing £67,000 from insurer
The man, who fled to the United States while the case was under investigation, was sentenced to two years imprisonment, suspended for two years and community service.
Ghost broker sentenced for selling fraudulent Esure policies
The fraudster had previously pleaded guilty in June this year to fraud by false representation, money laundering, forgery and to the offence of being an unauthorised broker.
Police in nationwide ghost broking crackdown
Seven people were arrested following the operation by City of London Police.
