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Insurance scam uncovered in raid | Insurance scam uncovered in raid |
(10 minutes later) | |
Police in Lancashire have uncovered what they say is a "major insurance scam" in a raid at a printing firm. | Police in Lancashire have uncovered what they say is a "major insurance scam" in a raid at a printing firm. |
Detectives confiscated large amounts of cash and computer equipment from the company in Blackpool town centre. A 40-year-old man was arrested. | Detectives confiscated large amounts of cash and computer equipment from the company in Blackpool town centre. A 40-year-old man was arrested. |
The fraud involves yearly policies and monthly cover notes for cars under Equity Red Star Motor Policies. | The fraud involves yearly policies and monthly cover notes for cars under Equity Red Star Motor Policies. |
Det Insp Pat Gill stressed it is the printing of the documents not the insurance company being investigated. | Det Insp Pat Gill stressed it is the printing of the documents not the insurance company being investigated. |
Police are seeking an order to confiscate cash seized in the raid. | |
They also took away computer equipment containing templates for making false documentation. | |
'Check documentation' | |
The man arrested was questioned and later released on police bail. | |
Det Insp Gill said: "We appear to have uncovered a major insurance scam involving the issuing of false documentation. | |
"Now we want to warn motorists to check their documentation to make sure they are not victims." | |
"I must stress that this is not an insurance company we are investigating, but the printing of these documents. | |
"If anyone thinks they have been a victim of a fraud we are asking them to get in touch with us so that we can investigate." | |
The annual policies are all issued under the name of Equity Red Star Motor Policies at Lloyds and all have the same policy number 054655187. | |
The monthly notes are issued under the name Tradex Insurance Company Ltd via brokers Abacans of Preston. They all have the same serial number 7688675. |