Ghost broker sentenced for £17,000 Instagram insurance scam
Wahidullah Usmani, 22, of Prayle Grove, Cricklewood, has been sentenced to 24 months’ imprisonment, suspended for 24 months, for making £17,618 by selling invalid car insurance policies on Instagram.
In January 2021, LV General Insurance referred the case to the City of London Police’s Insurance Fraud Enforcement Department.
The fraud team at LV had identified a motor insurance policy it suspected was fraudulent. The policyholder told the insurer they had purchased insurance from a broker who used an Instagram account called @cheap_car_insurance_quotes.
The account claimed customers could “save up to 60% on every quote”.
Further enquiries showed that the account was linked to Usmani and that he
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on People
Aventum 100% staff owned as part of employee ownership scheme
Aventum is now 100% owned by its workforce under a new global employee ownership scheme with all staff having been rewarded with the equivalent of twice their annual salary in share value.
Axa UK & Ireland looks to Aviva for new CRO
Axa UK & Ireland has appointed Rahul Gumber as chief risk officer, subject to regulatory approval.
People Moves: 2 – 6 September 2024
Follow the latest insurance personnel moves.
HDI Global leader Stephanie Ogden reveals UK & Ireland exec team
Newly appointed CEO for HDI Global’s UK and Ireland business, Stephanie Ogden, has unveiled her new executive team.
Ripe takes Alan Thomas from Simply Business as CEO
Digital MGA Ripe has swooped for Alan Thomas, the former UK CEO at Simply Business, as its new boss.
Aon names Rob Kemp as head of commercial risk for the UK
Rob Kemp will switch to be head of commercial risk solutions for the UK at Aon on 1 October, the broker has confirmed.
Blog: Going back to school to solve the broking skills crisis
Brokers could play an important role in plugging the skills gap in insurance with early educational efforts. Martyn Mathews, MD of SSP Broker, explains.
People Moves: 26 - 30 August 2024
Keep up to date on the latest personnel changes in insurance.