If you noticed, English isn't this guy's primary language. I doubt the officer outright said "No, I'm not looking!". He probably just didn't see the point in looking over the video. One video doesn't prove anything, the guy in the other car (although unlikely) might not have noticed he was rolling backwards, day dreaming or whatever.
What the driver did do (and is the better course of action anyway) is show the video to his insurance company. His company will now likely go to the fraudster's insurance company and start an investigation. Insurance companies have more time and better resources to go after traffic fraudsters than the Police anyway. Then if need be, the insurance companies will get the Police involved.
A reporter from The Star is apparently picking this up.
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