A rouge broker who has reportedly sold around 100 Asian motorists invalid insurance policies has finally been jailed.
Razwan Iqbal of Upland Grove, Oakwood, went to a great deal of effort to cheat drivers out of huge sums of money, posing as a trusted insurer who was saving them money on their coverage.
Operating under the company name of Direct Car, the false broker targeted potential customers by advertising in local restaurants, solely aiming at the Asian community.
He obtained real insurance policies from five insurers using false personal details to get the premiums at the cheapest rate possible and then charged drivers more than the insurance cost to buy, as well as a handling fee.
Mr Iqal allegedly made around £45,000 from this scam, leaving many of his cheated customers blacklisted for having invalid vehicle coverage.
The 33-year-old was jailed at Leeds Crown Court for 12 months for five counts of fraud and three months concurrent for one count of money laundering
Detective Constable Jamie Kirk, of the City of London Police’s Insurance Fraud Enforcement Department, said: “Iqbal devised a car insurance scam that saw him pocket tens of thousands of pounds by specifically targeting members of his own community.
“He left his victims unknowingly out on the road with no insurance, exposing them and other drivers to risk and financial loss with seemingly no care for the potential consequences of his actions.
Glen Marr, director of fraud at 1st Central, commented: “1st Central’s fraud prevention defences successfully identified this ghost broker and we are pleased they have now been brought to justice.”