Three individuals have been arrested on suspicion of selling fake Groupama insurance policies.
The arrests come after a six month long investigation led by Groupama. The insurer passed the case on to the Insurance Fraud Enforcement Department (IFED), ahead of their launch in January. The suspects have been released on bail.
The victims of the suspected fraud were motorists who purchased the false motor insurance policies, mainly young drivers in and around Greater Manchester.
Andrew Pagett, Groupama Insurances’ Counter Fraud Manager said, “It has always been clear that Groupama will do everything we can to combat insurance fraud and protect the interests of innocent policyholders.
“Operation Venom has been carried out over the last six months and we are delighted with the progress to date that would not have been possible without the assistance of the Insurance Fraud Enforcement Department”.
Detective Constable Kate Sibley added, “IFED is committed to working with insurance companies like Groupama to tackle insurance fraud right across the country.
“The arrests made in this case provide further evidence of how this new partnership has made an immediate impact on what is a major area of criminality.”
