Fraud Bureau Warns Of Fake Car Insurance On Social Media

By Irene Madongo (November 19, 2021, 2:29 PM GMT) -- The Insurance Fraud Bureau on Friday urged motorists to guard against fake car insurance deals on social media after insurers reported more than 21,000 fraudulent policies in the past 12 months.

The not-for-profit organization, which acts as an intelligence hub for insurers to tackle organized fraud, believes the reports could be linked to so-called ghost broking, where fraudsters mimic brokers in order to sell unrealistically cheap, phony policies.

The bogus deals are usually advertised through Facebook or Instagram and victims range from young drivers to people less familiar with British insurance laws, the group said.

After the scammers catch victims' attention,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!