PPI: Building Societies “bombarded” by fake claims

New figures show just how many people are making bogus PPI claims. The Building Societies Association (BSA) say that their eight largest members received 22,441 fake claims in the six months to the end of April this year. Shockingly these were cases where the claimant never even bought PPI from the building society they were claiming from. The BSA figures echo those from the Financial Ombudsman who said that 6,000 people submitted false PPI claims in 2011. If the BSA statistics are correct it seems as though the problem is getting worse, wasting valuable time and manpower at the building societies affected. Lloyds ...