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IFED meaning in Business ? |
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Answer» What is Insurance Fraud Enforcement Department mean? The Insurance Fraud Enforcement Department or IFED for short, is a task force formed by the City of London Police that tracks criminals who commit insurance fraud. The task force was founded in 2012 and is funded by a consortium of British and European insurance companies, including the Association of British Insurers, for £9 million during its first three years. The IFED have been featured several times on BBC One's Claimed and Shamed. reference
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