BBC News | 'Ghost brokers' targeting 17 to 25 year-olds with fake car insurance online
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Young drivers in the UK are being preyed upon by “ghost brokers” who sell fake car‑insurance policies through social‑media and messaging apps; the Financial Conduct Authority (FCA) found that half of motorists aged 17‑25 have bought insurance online, many of which turn out to be bogus, leaving them uninsured and liable to prosecution, fines or vehicle seizure. Scammers lure cost‑pressed youths with unrealistically cheap quotes, as exemplified by 21‑year‑old Amie Donaghey, who paid £700 for a policy that later proved non‑existent and resulted in a criminal conviction. The FCA warns that these impostor brokers often cancel policies or falsify information, and urges drivers to verify brokers on the FCA Firm Checker, ensuring a legitimate website, phone number and address, and to beware of offers that seem “too good to be true.”
Read more: https://www.bbc.com/news/articles/c1w29zw0q44o?at_medium=RSS&at_campaign=rss
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