Insurance Crime

An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.

UK may soon stop merchants from cold calling their potential customers. The decision is nudged by the rising numbers of financial fraud cases in the nation. UK’s National Crime Agency (NCA) has estimated that the nationals there could be losing up to GBP 7 billion (roughly Rs. 71,648 crore) annually to these telecom-powered financial frauds.

Fifty-year-old lawyer Nitin Soni, who handles cases of cyber fraud, became a victim himself when a woman caller, posing as a representative of a leading online insurance broker, sold him a fake car insurance policy at an attractive rate.

The Noida Police has arrested two people, allegedly involved in duping a senior citizen of Rs 2.67 crore on the pretext of renewing his life insurance policy, almost two-and-a-half-year after the case was lodged, officials said on Monday.

A Telangana government official allegedly faked his own death to claim more than Rs 7 crore insurance money.

The Nashik city police has arrested six people for allegedly murdering a man a year ago for claiming life insurance sum of Rs 4 crore, an official said on Wednesday.

A man allegedly hired contract killers to murder his father to claim his accidental insurance money in Madhya Pradesh's Barwani district, police said on Saturday.

A woman constable of Uttar Pradesh Police was among five people arrested over a Rs 52 lakh fraud with a Greater Noida resident on the pretext of renewing his lapsed insurance policy, police said on Tuesday.

An Uttar Pradesh-based man has told Mumbai police that he was cheated by a person who posed as the agent of an insurance firm headquartered in the metropolis.

The Delhi Police's Crime Branch has arrested five men for allegedly extorting money from an insurance policyholder by posing as government officials, officials said on Thursday.

A Delhi businessman hired four people, including a minor, for his own murder to get insurance money for his family, police said on Monday.

A man whose family operated a wholesale business of soft drinks in Amritsar allegedly faked his death after killing someone else for loan waiver and insurance money, police said on Saturday.

Three men have been arrested in Delhi for allegedly running a fake call centre and duping several people of about Rs one crore with fraud insurance schemes, said police.

Probing the dreadful fire in a Delhi hotel in which 17 people were killed on Tuesday, the Crime Branch has shifted its focus to investigating the possibility of a deliberate attempt at aggravating the fire inside the premises to settle an insurance claim by the owner, sources said.

A retired army colonel has filed a complaint with the Delhi Police's Economic Offences Wing (EOW) after he was allegedly duped of more than Rs 3 crore on the pretext of investing in insurance policies, police said today.

An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.

UK may soon stop merchants from cold calling their potential customers. The decision is nudged by the rising numbers of financial fraud cases in the nation. UK’s National Crime Agency (NCA) has estimated that the nationals there could be losing up to GBP 7 billion (roughly Rs. 71,648 crore) annually to these telecom-powered financial frauds.

Fifty-year-old lawyer Nitin Soni, who handles cases of cyber fraud, became a victim himself when a woman caller, posing as a representative of a leading online insurance broker, sold him a fake car insurance policy at an attractive rate.

The Noida Police has arrested two people, allegedly involved in duping a senior citizen of Rs 2.67 crore on the pretext of renewing his life insurance policy, almost two-and-a-half-year after the case was lodged, officials said on Monday.

A Telangana government official allegedly faked his own death to claim more than Rs 7 crore insurance money.

The Nashik city police has arrested six people for allegedly murdering a man a year ago for claiming life insurance sum of Rs 4 crore, an official said on Wednesday.

A man allegedly hired contract killers to murder his father to claim his accidental insurance money in Madhya Pradesh's Barwani district, police said on Saturday.

A woman constable of Uttar Pradesh Police was among five people arrested over a Rs 52 lakh fraud with a Greater Noida resident on the pretext of renewing his lapsed insurance policy, police said on Tuesday.

An Uttar Pradesh-based man has told Mumbai police that he was cheated by a person who posed as the agent of an insurance firm headquartered in the metropolis.

The Delhi Police's Crime Branch has arrested five men for allegedly extorting money from an insurance policyholder by posing as government officials, officials said on Thursday.

A Delhi businessman hired four people, including a minor, for his own murder to get insurance money for his family, police said on Monday.

A man whose family operated a wholesale business of soft drinks in Amritsar allegedly faked his death after killing someone else for loan waiver and insurance money, police said on Saturday.

Three men have been arrested in Delhi for allegedly running a fake call centre and duping several people of about Rs one crore with fraud insurance schemes, said police.

Probing the dreadful fire in a Delhi hotel in which 17 people were killed on Tuesday, the Crime Branch has shifted its focus to investigating the possibility of a deliberate attempt at aggravating the fire inside the premises to settle an insurance claim by the owner, sources said.

A retired army colonel has filed a complaint with the Delhi Police's Economic Offences Wing (EOW) after he was allegedly duped of more than Rs 3 crore on the pretext of investing in insurance policies, police said today.