Conman caught after £200k fraud
A conman used fake insurance policies to steal hire car worth more than £200,000.
Naveed Shah (37) of Great Harwood, Lancashire, stole the identities of innocent people, took out fake motor insurance policies and posed as a care assistant who was the victim of a number of car crashes.
He used the scam to try and steal hire cars – collectively worth £200,000 – that he booked when reporting the fake accidents.
He was caught after a sting operation was carried out by anti-fraud unit, APU Ltd, when he tried to hire a car from accident management firm, Accident Exchange.
Shah pleaded guilty to two counts of conspiracy to make false insurance claims and steal courtesy cars at Preston Crown Court today.
He will return for sentencing on 16 June, when he was been told to expect a custodial sentence.
Shah used the false identity details to make hire car bookings with claims firms. He would then change the delivery location at the last minute, typically asking for cars to be handed over in the north of England, often at medical facilities where he claimed to be working or visiting sick relatives.
He fabricated crashes in the south of England, east and west Midlands and, having obtained a hire car, would quickly dispose of it before adopting a different identity and targeting another hire company.
In total, over £200k worth of cars disappeared without trace, leaving the companies no way of uncovering the true identity of the fraudster.
After attempting to claim a hire car from Accident Exchange, anti-motor fraud specialist, APU Ltd, flagged the claim as suspicious and, with the assistance of international law firm Hill Dickinson Solicitors and its Netfoil database, was able to warn other insurers and hire companies of their concerns.
APU Ltd and its team of ex-Police and fraud intelligence officers launched a privately funded investigation including two staged ‘sting’ operations in which Shah was expecting delivery of a hire car but was greeted instead by APU investigators.
APU’s head of investigative services Neil Thomas said, ‘Shah had obviously figured out what he thought was a fool-proof way to steal cars. He’d use a false identity and payment cards to take out motor insurance policies on cars he never owned, and then report fictitious crashes.
‘This is different to other scams where fraudsters seek personal injury payments, instead Shah was intent on stealing the hire cars and has gone to great lengths to achieve this. In fact if it hadn’t been for way the various parties worked together with Lancashire police, I’m not sure his identity would ever have been uncovered.
‘The fact that he has now pleaded guilty to conspiracy and other charges shows he is part of an organised team and not just a minor player who takes delivery of the cars.
‘It was a cowardly and pre-meditated scam that affected the individuals whose identities he stole, as well as defrauding the claims companies of money, so I’m pleased that APU has played a key part in bringing him to justice.’