6 held for insurance fraud in Ghaziabad
Ghaziabad: Ghaziabad police have arrested six persons for allegedly duping people on pretext of renewing their insurance policy. Cops said that the accused had been running a call Center in sector 71 area of Noida and the matter came to light after they duped a Bokaro-Based businessman with over Rs 27 lakhs on pretext of lucrative profits on insurance scheme.
According to police, the arrested persons have been identified as mastermind of the gang Jitendra Singh, native of Jaitpur area in Delhi, Shameem and Santosh Gupta from Bihar, Sandeep Kumar from Ghaziabad, Sandeep from Gorakhpur and Waqar Hussain from Gwalior in Madhya Pradesh.
"Most of them are graduates in BCA or BSc while one of them is a first year student at IGNOU. Two of the accused works as salesman at a leading telecom company in Ghaziabad," said police officials.
Police officials said that the gang members were arrested while they were distributing the money among them.
"Police acted upon a compliant received from a Bokaro based businessman who was allegedly duped of Rs 27 lakhs 74 thousand by the gang. All the six accused were arrested from near ALT cut in Ghaziabad on late Saturday night. The accused had come to distribute the money among them" said Umesh Bahadur Singh, Station House Officer of Sihani Gate police station.
Discussing the Modus Operandi of the gang, Singh said that the gang members used to call a target and offer them various lucrative schemes on renewing their insurance policies and cheap loan returns.
"Upon interrogating the accused persons, they told police that they offer extra benefit over the insurance policy which was about to mature soon. The gang had recently duped a Bokaro based businessman after they offered him benefits on renewing his wife's insurance policy. The victim transferred the amount into their bank account which was again transferred to other bank accounts by the gang members. They had withdrawn the amount and have gathered to distribute money among them when police nabbed them," added Singh.
The officer further said that police are getting details of their bank account to know the amount of money involved in the whole scam. Police have recovered Rs 27 lakhs 84 thousand cash from them.