Drivers warned to avoid bogus car insurance deals on social media, as over 21,000 fraudulent policies are identified
The Insurance Fraud Bureau (IFB) is warning drivers to avoid bogus car insurance deals on social media, as it reveals over 21,000 fraudulent motor insurance policies were reported to it by insurers in the past 12 months which could be linked to the scam.
‘Ghost Broking’ is a growing scam, which involves fraudsters pretending to be Brokers in order to sell unrealistically cheap and completely fake policies.