One arrested for selling fake life policy

Sep 27 2013, 03:05 IST
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SummaryThe Chandigarh Police booked two persons for allegedly duping a Manimajra resident on the pretext of selling him a short-term life insurance policy.

The Chandigarh Police booked two persons for allegedly duping a Manimajra resident on the pretext of selling him a short-term life insurance policy. While the location of the main accused has not been traced yet, the police on Wednesday arrested the other accused.

According to police, S K Sehgal, the main accused, allegedly duped Amarjit Singh of Rs 25,000 on the pretext of selling him a short-term Reliance life insurance policy. Surprisingly, the accused was aware of the fact that Amarjit already had a life insurance policy with DLF.

On July 27, 2013, Amarjit received a call from Sehgal, who introduced himself as manager of Reliance Insurance Company in Mumbai. Sehgal then offered Amarjit to close his 15-year insurance policy with DLF and get a short-term policy of two years with Reliance.

Amarjit agreed and handed over a a demand draft of Rs 25,000 in the name of Reliance Life Insurance Co. Delhi, to the other accused Sushil Kumar, the next day.

A few days later Amarjit received a call from an unidentified person, who asked him whether he had closed his insurance policy with DLF, to which Amarjit replied in the affirmative.

The caller claiming to be an employee of Reliance told Amarjit that he had

to deposit another draft of Rs 25,000.

To this Amarjit replied that he had already given a draft of the same amount to Sehgal earlier.

Later, Amarjit received another call from Sehgal who insisted Amarjit deposit a draft of Rs 25,000 in the name of the company. After Amarjit had done so, Sehgal told him that he had returned the draft and asked him to hand over the same amount in cash to Sushil.

Amarjit suspected foul play when Sushil did not visit him to receive the cash. On Wednesday, Amarjit noticed Sushil at the Modern Housing Complex market in Manimajra and immediately called the police, who arrested Sushil on the spot.

On interrogation, it was found Sehgal had used a Delhi Vodafone number. Sushil also told the police that he had never met Sehgal before.

According to police, Sushil claimed to have talked to Sehgal over the phone only and said he was given a commission by Sehgal for

his work. When Sehgal was contacted, it was found he was in Bangkok for a few days and that he helped in providing life insurance policies to customers.

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