Fraud News – Page 2
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NewsWhistleblower incentives could strengthen fraud detection – IEA
’Fraud is at epidemic levels and the system-wide response must change,’ says former UK government anti-fraud champion
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NewsFraudulent carpet fitter has rug pulled out from under him by Admiral and HF
’This result sends a clear message to anyone tempted to exaggerate their claims – it simply isn’t worth it,’ says partner and head at HF
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NewsInternational Fraud Awareness Week 2024 begins
Insurance Times rounds up the latest fraud content for readers as the week kicks off
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NewsPolice operation at Heathrow targets luxury watch fraud
’Luxury watch insurance fraud contributes to higher premiums and has serious consequences for buyers,’ says detective chief inspector
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NewsGym buff out-muscled by Markerstudy after dishonest claim
Within weeks of alleging injuries after an accident, the claimant was seen being able to pull an eight-tonne tractor
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NewsAviva secures jail time for fraudsters who targeted elderly driver
’Crash for cash schemes are still luring fraudsters, even at the expense of vulnerable motorists’ safety,’ says head
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NewsHome Office launches ‘major new crackdown’ on insurance fraud
’Fraud is an appalling crime and we are determined to crack down on these callous criminals,’ says government minister
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NewsIfig members vote to form UK chapter of international organisation as it celebrates 25th anniversary
’The insurance counter fraud industry now has a truly agnostic body that has the capability to collaborate across borders and world wide,’ says chair
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NewsInsurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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NewsGhost broker sentenced after Aviva investigation
’The outcome of this hearing should act as a deterrent to those seeking to financially profit from fraudulently arranging low cost motor insurance,’ says investigations manager
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NewsCrowdstrike IT outage could prompt ‘greater demand for cyber cover’
Cyber ’losses stemming from non-malicious causes’ are ’underserviced in the current market’, says head of London markets
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsMore needs to be done to tackle uptick in social media scams – Ifed
’Social media is increasingly used to facilitate fraud and target vulnerable individuals,’ says detective chief inspector
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NewsFraud in H1 2024 being driven by casualty and ‘large increase’ in commercial claims – Allianz
’There’s a dire need for us to keep raising awareness, because brokers are almost crying out for support [from insurers],’ says head of counter fraud
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NewsVet nurse in the doghouse after £13,334 pet scam
’Allianz is committed to protecting our customers and business against the harms of fraud,’ says director of financial crime
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NewsSerial fraudster who repeatedly targeted RSA jailed
’It was disappointing to see his name once again when this case landed on my desk,’ says detective constable
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsJudge dismisses £50,000 credit hire claim over engineer’s ‘absence of reliable evidence’
Hastings Direct and HF succeeded in having the claim dismissed because the engineer’s evidence ’carried very little weight’ under cross examination
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NewsGhost broker who pocketed over £17k in Instagram insurance scam caught
’Ghost broking is widespread across social media and more people must know the signs,’ says intelligence and investigations manager
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NewsGhost broking activity continues to rise – IFB
Ghost brokers can ’leave victims seriously out of pocket’ and put policyholders ’into trouble with the police for driving without insurance,’ says director
