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The Independent UK
The Independent UK
Vicky Shaw

The ‘ghost broking’ car insurance scam targeting young drivers on social media

Insurance FCA

Motorists aged 17 to 25 are being warned about “ghost broking” scams, as a survey indicates around half (49%) of young drivers have bought insurance through social media or messaging apps.

Around four in 10 (39%) young drivers surveyed said they would not feel confident in spotting the signs of a fake policy, the Financial Conduct Authority (FCA) said.

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