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Fake ‘ghost’ car insurance on the rise

It’s not an early Halloween joke – ‘ghost brokering’ fake insurance policies is on the rise in the UK, becoming one of the latest fraud scams in a long line of car insurance rip-offs. According to anti-scam website Action Fraud, around 20,000 British motorists have already fallen foul of this new form of car insurance crime – so what is ghost brokering and how can you avoid it? Top 5 car insurance scams revealed Massive car insurance frauds Ghost insurance brokers target drivers looking for cheap car insurance – these criminals will often act as insurance intermediaries offering to get you the best deal on your car cover.

Ferrari 400 Superamerica sells for £2.3 million

The 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB - record price The world’s in the depths of the worst recession in a generation (or three). Banks aren’t lending to anyone who needs it – just to those who don’t. The Greeks are up in arms at the prospect of actually paying any tax and the Euro is on the edge of collapse (actually, the Euro was always an accident waiting to happen).

Porsche opens order books for 918 Spyder (2011)

We already know that Porsche is going to build its stunning 918 Spyder, but today the German sports car company has opened the order book, confirmed some technical highlights, and announced when and where the hybrid supercar will be built. Where do we begin? Okay, let’s have the Porsche 918 Spyder’s technical spec first please… The hard stats first: the 918 Spyder will sprint to 62mph in 3.2 seconds or less, and will top 199mph.