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Young drivers targeted by 'ghost brokers' selling fake insurance

Published Tuesday, May 19, 2026 · Updated May 20

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Media Analysis

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The Financial Conduct Authority (FCA) has issued a warning about 'ghost brokers' targeting young drivers with fake car insurance policies sold online. Research indicates that half of drivers aged 16-25 have purchased policies via social media or messaging apps, leading many to unknowingly drive uninsured and face severe legal consequences.

What We Know — Key Points

  • The Financial Conduct Authority (FCA) has warned that young drivers are being targeted by 'ghost brokers' selling fake car insurance online.
  • Half of drivers aged 16-25 have bought policies through social media or messaging apps, according to research from the Financial Conduct Authority (FCA).
  • Many victims of ghost brokers unknowingly drive uninsured, facing potential prosecution, fines, or car seizure, as scammers exploit cost of living pressures with suspiciously cheap offers.

What Is Claimed — Perspectives

  • BBC NewsCenter

    The Financial Conduct Authority (FCA) has warned that young drivers are being targeted by "ghost brokers" selling fake car insurance online, with half of drivers aged 16-25 having bought policies through social media or messaging apps. Many victims unknowingly drive uninsured, facing potential prosecution, fines, or car seizure, as scammers exploit cost of living pressures with suspiciously cheap offers.

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