Numbers from Action Fraud, a national fraud and cybercrime center, also revealed that it received 351 “ghost-broking” reports between January and August 2021. Police said the number of reports fell 23% from the same period last year, but young people continue to report the most reports of this type of fraud. Approximately 34% of reports submitted for action fraud during the period came from groups aged 17-29.
Police also warn that male drivers remain the most affected by this type of fraud. More than half (61%) of the reports submitted between January and August 2021 were from men. Of the reports by the 17-29 year old group, 62% came from men.
Police have pointed out that the losses reported to “ghost brokers” of all ages totaled £ 786,700 so far this year, with the average victim losing about £ 2,250.
“It may be an exciting time of the year for students returning to college or starting a higher education journey, but it is advisable to make sure that young people are properly insured. “We will,” said IFED Chief Detective of the City of London Police. Inspector Edel Michaels. “Many students rely on their cars to get to and from college and where they are studying, so they may have recently reopened or renewed their insurance after summer vacation.”
Unfortunately, Michaels added that the high costs of insurance and money are usually very demanding for students, making them a major target for “ghost brokers.” He recommended making sure that all consumers have legal insurance.
“Cheap deal offers may be attractive, but fraudulent policies cost you more in the long run in the form of covering fines, license points, car seizures and shatters, and their costs. It will be called. An effective policy. “
IFED helped arrest ghost broker criminals during the summer. Some of the arrested individuals have used their family and friends to introduce their “services” to others, and they have used their knowledge of the automotive industry and their relationships with customers to trick consumers into fake. There was a car dealer who had me buy insurance. Executives also discovered individuals in their early twenties who targeted their peers using sophisticated social media campaigns.