The Insurance Fraud Bureau (IFB) have reported that ‘Crash for Cash’ scams have fallen by 11% over the last two years following a joint campaign with the UK police force.
The scam involves fraudsters staging car accidents to swindle claims from insurance companies. The fraudsters themselves are more often than not part of gangs who are involved at various levels of organised crime.
While the reduction in the number of cases has fallen since the IFB/Police initiative, the Chairman of IFB John Beadle has warned that authorities need to keep the crime in check and should continue to clampdown on the fraud to keep these gangs in check.
“The criminal gangs targeting honest motorists are ruthless. Innocent lives are being put at risk and fraudulent insurance claims add approximately £40 to every premium paid by honest policy holders each year. Left unchecked these criminal networks grow rapidly, split and even franchise smaller networks which in turn grow prolifically.”
The IFB have compiled a list of the top twenty ‘hot spots’ for current ‘crash for cash’ crime, noting that Bradford has now taken over from Blackburn for the ‘top’ spot.
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