Published: Saturday June 4, 2016
Please follow this link to access a very good piece from the BBC on how to avoid becoming a victim of the phenomenon known as crash for cash.
According to the Insurance Fraud Bureau (IFB) cash for crash fraud is;
“Costing around £400m a year, ‘Crash for Cash’ scams are run by fraudsters who manufacture collisions, sometimes with innocent road users, hoping to profit from fraudulent insurance claims. With claims from a single collision potentially worth tens of thousands of pounds, organised fraudsters are orchestrating scams that involve multiple collisions and can be worth millions of pounds”.
More useful information on Crash for cash fraud can be gained by visiting the IFB website by clicking here. The IFB lead the fight against insurance fraud working closely with the City of London Police Insurance Fraud Enforcement Department (IFED) a specialist police unit dedicated to addressing high volume and insurance fraud. Uniquely IFED is funded by Association of British Insurers (ABI) and Lloyds of London members and is an excellent example of the police working in partnership to prevent, detect and respond to organised criminality,