Insurance broker spared jail over fake policy fraud

An insurance broker who cooked up dozens of fake policies in order to claim thousands of pounds in commission from his employer was spared jail today (Fri). Ahmed Sherazi, 38, was paid on a commission-only basis at Eunisure Ltd in Snailwell, Newmarket, along with his brother Mansoor. Between January 2014 and July 2015, the two of them began churning out policies using fake names, addresses and bank details. Once they had been passed on to the relevant insurance companies, they…