Desjardins and Aviva Canada’s joint investigation catches unlicensed auto insurer

By CRM staff

Toronto, Ontario — March 18, 2019 — A man in Ontario is facing charges for selling fraudulent auto insurance to drivers, which was conducted from a joint investigation done by Desjardins Insurance and Aviva Canada.

In mid-2018 Desjardins Insurance learned of allegations of fraudulent activity by Sherif Aly, an Ontario resident not licensed to sell auto insurance. Desjardins Insurance reached out to Aviva Canada to collaborate on a ground-breaking joint investigation into this activity. Coincidentally, in October of 2018, another investigation was launched separately by the Ontario Provincial Police (OPP). This investigation was triggered when they pulled over a driver in Port Credit for an unrelated traffic offense and determined that this driver’s insurance policy was invalid, and his pink slips were fraudulent. These two investigations into Aly allege that he sold insurance coverage without a license, in the case of Aviva and Desjardins, and allegedly supplied documentation of fake auto insurance policies for cash as found by the OPP.

“Desjardins Insurance is taking a proactive approach to fighting fraud and is committed to reducing the physical and financial impact it has on everyone. Honest insurance clients should not have to pay because of criminals who cheat the system,” said Denis Dubois, president, and chief operating officer of Desjardins General Insurance Group.

Aly was arrested last month and faces two counts of fraud under $5,000, falsification of books and documents, and fraudulent intent.

For more information, visit desjardinsgeneralinsurance.com.

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