'Ghost broking' could be leaving thousands without valid insurance
A new phenomenon known as 'ghost broking' could be leading motorists into unknowingly driving without insurance.
The scam targets mostly young, male motorists via social media. This group pays the most for insurance, on average, and so is naturally eager to cut the cost of their premiums – by any way possible. The fraudsters use several tactics, including taking out genuine policies before quickly cancelling them and taking the refund money.