A 33-year-old man from Andover has been arrested on suspicion of fraud by false representation and money laundering after an investigation into scam motor insurance.
The man was arrested following an investigation by City of London Police’s Insurance Fraud Enforcement Department into the sale of bogus motor insurance – known as “ghost broking” – through a phony company called Personal Touch Insurance.
It is believed as many as 150 drivers, mainly in Hampshire and Dorset, have fallen victim to the scam and collectively lost around £60,000.
Police are urging anyone that bought a policy to get in touch with them warning they will not be insured and at risk of prosecution if caught with no insurance.