A new twist on 'crash for cash' scams sees fraudsters lurk on residential roads and force drivers to hand over cash after faked collisions.
The scam warning was issued by the Insurance Fraud Bureau and City of London Police's Insurance Fraud Enforcement Department , as well as several insurers.The IFB and IFED are investigating more than 40 incidents where innocent people appear to have been targeted, but they are concerned hundreds of cases could be going unreported because people do not recognise the scam tactics.Ursula Jallow, director at IFB, said:"Clip for cash is an increasing threat to drivers.
"These fraudsters trick innocent motorists into thinking they've caused genuine damage and then apply pressure tactics to get victims to hand over cash. "As there is little awareness of this new fraud type, it means drivers are more susceptible to falling victim."February: Content creator warns over romance scamsMoney should never be handed over at the scene, police said, even if a genuine collision has happened.
If someone is accused of damaging a wing mirror, insurance details should be swapped as is legally required. If there is an imminent risk of danger, police should be called.
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