Three charged with motor insurance fraud
by Gill Montia
Story link: Three charged with motor insurance fraud
Three people have been charged with motor insurance fraud, tax fraud and money laundering offences, totalling £500,000.
According to the Insurance Fraud Bureau (IFB), Vitaly Malaydakh, from Hayes, Middlesex, and Elina Jaksone and Gagik Kyriacos Manucharyan, both from Westgate on Sea, Kent, have been charged with dishonestly submitting false and misleading information to insurance companies.
They allegedly sold cheap motor insurance by passing on false client details to insurance companies, with the risk of leaving their customers uninsured.
The investigation was led by HM Revenue & Customs and involved the Serious Organised Crime Agency, Department for Work and Pensions, the IFB and representatives from various motor insurance companies.
The defendants are due to appear at Dover Magistrates’ Court today.
IFB director, Glen Marr, says: “The insurance industry takes all form of insurance fraud very seriously and the IFB will continue to work with and support our insurer partners to tackle this crime.”
He adds: “This is an excellent example of how various agencies and the insurance industry can work successfully in partnership to tackle insurance crime, to protect the interests of genuine insurance consumers.”