Fake insurance racket busted, four arrested

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The Delhi Police on Tuesday claimed to have busted a fake insurance racket and arrested four. They allegedly duped over 500 people to the tune of over Rs3 crore from different cities in North India, Delhi Police said on Tuesday. They were arrested by the North district police after a case was registered.

Retired CPWD official Gaj Singh had filed a complaint at Ashok Vihar Police station on August 31 alleging he was duped of Rs34.25 lakh by unknown callers who persuaded him to invest in various lucrative insurance schemes. Ravi Kant Maurya was arrested from Azadpur area and later, on his instance Naseem Akhtar, Manish Tiwari, and Mohammad Bilal were nabbed, DCP (north west) Vijay Singh said.

They they had previously worked at call centres for insurance agencies in Noida and were well-versed with the nitty-gritty of the sector, said the officer.

"The bank account details so far revealed that they had so far cheated approximately 500 gullible people to the tune of Rs3 crore. They used to call around 100 people per day across the country including 33 cities in Uttar Pradesh, Rajasthan, Punjab, Haryana, Maharashta, Madhya Pradesh and Karnataka," the DCP said.  

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