Tricksters dupe retired government officer of Rs 1.51 crore
TNN | Updated: Jan 29, 2019, 06:26 IST
Representative imagePUNE: Unidentified tele-callers duped an 84-year-old former structural auditor with the National Building Construction Corporation Limited of Rs1.51 crore on the pretext of renewing his life insurance policies, which had lapsed, with an enhanced cover.
The suspects collected money from the man in phases between March and November 2018 by asking him to deposit the amounts in various bank accounts against an assurance that he would get an enhanced life cover, the police said.
When the man realized that he had been taken for a ride, he approached the cybercrime cell of the city police in December.
Following a preliminary probe, the matter was referred to the Shivajinagar police who registered an FIR on Sunday. “We have booked six people and are investigating the case,” Shivajinagar police inspector Pramod Waghmare said.
The elderly complainant stays with his wife in Shivajinagar and their son lives in Aundh. The complainant is a pensioner following his retirement in 1983 from the central public sector enterprise.
“Post-retirement, he worked as a consultant to many private companies involved in mega infrastructure projects such as bridges and roads. He had secured five-six long-term policies from some private insurance companies. But because of his busy schedule, he failed to pay the yearly or monthly premiums and the policies lapsed,” Waghmare said.
“We suspect that one of the culprits realized about the dormant insurance policies. Also, the name of one of the suspects is similar to an agent or worker of a private insurance company who had issued a policy to the elderly man a few years ago,” the officer said.
The complaint stated that the men started making calls to the elderly man in March 2018. They informed him about his lapsed insurance policies and told him that that company would pay him over Rs3 crore, along with interests, if the premium was paid.
“The elderly man thought that it would be wise to recover the lost money. He decided to rejuvenate the lapsed policies by paying the amounts,” Waghmare said.
The suspects called him up and shared with him account details with various private banks, the police said. They told him to deposit the lapsed premium amounts in the bank accounts, the police added.
“After depositing over Rs1.51 crore, the elderly man realized that the tele-callers were duping him. He contacted the insurance companies concerned and realized that they had not floated any plan to rejuvenate the lapsed policies,” Waghmare said.
The suspects collected money from the man in phases between March and November 2018 by asking him to deposit the amounts in various bank accounts against an assurance that he would get an enhanced life cover, the police said.
When the man realized that he had been taken for a ride, he approached the cybercrime cell of the city police in December.
Following a preliminary probe, the matter was referred to the Shivajinagar police who registered an FIR on Sunday. “We have booked six people and are investigating the case,” Shivajinagar police inspector Pramod Waghmare said.
The elderly complainant stays with his wife in Shivajinagar and their son lives in Aundh. The complainant is a pensioner following his retirement in 1983 from the central public sector enterprise.
“Post-retirement, he worked as a consultant to many private companies involved in mega infrastructure projects such as bridges and roads. He had secured five-six long-term policies from some private insurance companies. But because of his busy schedule, he failed to pay the yearly or monthly premiums and the policies lapsed,” Waghmare said.
“We suspect that one of the culprits realized about the dormant insurance policies. Also, the name of one of the suspects is similar to an agent or worker of a private insurance company who had issued a policy to the elderly man a few years ago,” the officer said.
The complaint stated that the men started making calls to the elderly man in March 2018. They informed him about his lapsed insurance policies and told him that that company would pay him over Rs3 crore, along with interests, if the premium was paid.
“The elderly man thought that it would be wise to recover the lost money. He decided to rejuvenate the lapsed policies by paying the amounts,” Waghmare said.
The suspects called him up and shared with him account details with various private banks, the police said. They told him to deposit the lapsed premium amounts in the bank accounts, the police added.
“After depositing over Rs1.51 crore, the elderly man realized that the tele-callers were duping him. He contacted the insurance companies concerned and realized that they had not floated any plan to rejuvenate the lapsed policies,” Waghmare said.
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