Crash For Cash Fraud…

Crash For Cash Fraud…

On the rise in the UK. “Crash for cash” scams where fraudsters stage accidents to claim on other drivers’ insurance are at an all-time high, the BBC has learned. The Insurance Fraud Bureau (IFB) estimates around 30,000 accidents were staged last year. The scams cost insurers about £350 MILLION  in 2009 and added £44 to the premium of every driver in the country. Birmingham was the UK’s top fraud hot-spot and incidents rose in parts of London, the industry-funded body said. Until recently the claims were largely confined to north-west England, and the other four top spots for insurance fraud of this sort were filled by Liverpool, Blackburn, Manchester and Leeds.

Added on: August 31st, 2012

Category: CRIME, NEWS

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