Life insurance coverage racket busted, three nabbed : The Tribune India

Tribune Information Service

Faridabad, September 10

The cyber cell of the district police busted a pretend insurance coverage and mortgage firm, and arrested three individuals on this regard.

The arrested has been recognized as Vishal, Ankit and Udit.The trio was operating a racket underneath the title of India First Life Insurance coverage Coverage, owned by the Aditya Birla Group, for a number of months within the area.

The police stated the arrested individuals used to name purchasers posing as representatives of the insurance coverage firm.

On the grievance of an area, Prem Chand, a case was registered in opposition to the trio with the cyber police station.

In his grievance, Chand stated he acquired a name from the corporate in February, throughout which the caller informed him that he might get a mortgage of Rs 15 lakh as a further profit for having the coverage of the corporate.

Chand transferred Rs 1,50,000 as file and processing expenses in two instalments of Rs 75,000 every to an account supplied by the scammers.

The accused, who had been nabbed on Wednesday, confessed to the crime and informed the police that they’d duped one other resident of Rs 7 lakh.

The police stated a transaction of over Rs 50 lakh has been made into their account in 18 months. The accused have been despatched to judicial custody.

Supply hyperlink

You May Also Like