Fraudster sold over 600 worthless policies in one year
The biggest investigation by the Insurance Fraud Enforcement Department (IFED) since it launched just over a year ago, has seen a fraudster plead guilty to selling hundreds of non-existent car insurance policies to drivers across the UK.
Danyal Buckharee admitted to setting up two websites, Aston Midshires Insurance and First Car Direct Insurance, advertising cheap car insurance, and using the websites to dupe 600 drivers into buying worthless policies between May 2011 and April 2012. The scam saw Buckharee pocket more than £550,000.
The 42-year-old, from Putney in London’s south west, sent his victims fake insurance certificates meaning some drivers only realised they had been conned when they had their car seized by police for having no insurance.
IFED head and detective chief inspector Dave Wood said: “This is the biggest investigation we undertook in 2012 and I am very pleased that our hard work has delivered the right result, without Buckharee having to go to trial.
“Buckharee masterminded an extensive car insurance fraud that made him hundreds of thousands of pounds and left hundreds of drivers unknowingly out on the road with no insurance. Buckharee exposed his victims to risk and financial loss, but now it is his turn to pay the price of his fraud.”
Insurance Fraud Bureau (IFB) head of operation Ben Fletcher said: “Today’s result is testament to the quality of information gathered by the IFB on the Aston Midshires Insurance website. It should send a clear message to would-be fraudsters – you will be caught, and you will be prosecuted.”
The date of Buckharee’s sentencing is to be fixed.
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