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Insurance scam uncovered in raid | Insurance scam uncovered in raid |
(about 7 hours 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. | Police are seeking an order to confiscate cash seized in the raid. |
They also took away computer equipment containing templates for making false documentation. | They also took away computer equipment containing templates for making false documentation. |
'Check documentation' | 'Check documentation' |
The man arrested was questioned and later released on police bail. | 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. | 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." | "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. | "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." | "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 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 counterfeit monthly notes falsely purport to be issued under the name Tradex Insurance Company Ltd via brokers Abacans of Preston. They all have the same serial number 7688675. |