Scam Artists Impersonating GEBCO Insurance Agents
 
The District of Columbia Department of Insurance, Securities and Banking (DISB) Fraud Bureau is warning all District insurance consumers to be careful of potentially fraudulent insurance agent or agents. The Fraud Bureau has been advised of a situation occurring in the DC area whereby an individual is fraudulently posing as a representative of the GEBCO Insurance Associates Inc. This person or persons, is believed to be soliciting DC area residents by approaching them on the street offering to sell them auto insurance coverage. It has been determined that this person is not legitimate and does not provide the auto insurance coverage claimed. 

 

After accepting a down payment in cash, the perpetrator then provides the unsuspecting consumer with a fraudulent DC Insurance Verification Letter on GEBCO letterhead with handwritten information. GEBCO management has informed the Fraud Bureau that they never write insurance coverage outside the confines of their offices, nor do they give handwritten verification information or accept cash for any payments. In addition, their employees do not carry company identification badges. If approached, the Fraud Bureau advises any person who comes into contact with this individual or scenario to proceed with caution and notify the police and the DISB Fraud Bureau immediately. 

 

You can contact the DISB Fraud Bureau at (202) 442-7845 or (202) 442-7826. The Bureau can also be reached in person, Monday-Friday, 8:15 am to 4:45 pm: 810 First Street, NE, Suite 701, Washington, DC  20002. More information on insurance fraud can also be obtained by visiting the department’s website at disb.dc.gov.