A pair of conmen have been jailed after cashing in more than £370,000 in one of the largest ‘ghost brokering’ operations to date. This is the name given to criminals that sell fake, often incredibly cheap, car insurance policies to unsuspecting drivers – before disappearing with their money. Raza Mir, 44, and Muhammed Asif, 38, defrauded several motor insurers and supplied fake cover to hundreds of people, including an Albanian organised crime group selling cocaine. City of London police – part of the UK’s anti fraud arm – said the men were caught after using Mir’s laundrette business to obtain insurance for a vehicle in a false name to cover their crimes. The Insurance Fraud Bureau (IFB) later found more than 100 fraudulent policies had been incepted by Mir and Asif – with thousands of insurance quotes linked directly to both men. A total of 263 no claims discount letters were also seized, of which at least 172 have since been confirmed false. The men also had access to PDF editing software to produce false car insurance letters. Over the course of their ghost broking activity, more than £300,000 was deposited into Mir’s account by way of cash and bank… Read full this story
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