New Delhi, April 25 (). Delhi Police’s Intelligence Fusion and Strategic Operations (IFSO) has arrested six people from Begusarai in Bihar, who were involved in duping over 100 people by selling fake insurance policies of reputed companies. An official has given this information on Tuesday.
The accused have been identified as Begusarai residents Birendra Kumar Das (33), Roshan Kumar (38), Dinesh Kumar Das (44), Bablu Malakar (51), Pawan Kumar (33) and Mithilesh Kumar (26).
Deputy Commissioner of Police (IFSO) Prashant Gautam said a complainant had alleged that an unknown group of people had defrauded him of Rs 2.80 crore over a period of seven to eight years on the pretext of insurance policies.
Two more victims, who had suffered losses of Rs 85 lakh and Rs 19 lakh respectively due to similar modus operandi, also came forward.
The DCP said, during investigation, it was found that around 35 bank accounts were used to cheat the complainant. Analysis of money trail and electronic records revealed that the racket is spread across several states and is being operated at multiple levels.
Financial probe revealed that there were transactions of more than Rs 40 crore in the said accounts and more than 100 victims have been duped by the syndicate.
Through extensive financial investigation and technical analysis, the accused persons were found to be operating from the area of Begusarai, the official said. The information was further developed through manual and electronic surveillance and acting on specific information on 10 January, Birender, Roshan, Dinesh and Bablu were arrested in the case.
In interrogation they all revealed that Pawan is the mastermind of the entire network.
The DCP said, it was also disclosed by the accused that Pawan would receive the cheated money in cash. Eventually, on 27 February, Pawan was arrested. Besides this, one more accused named Mithilesh was arrested from Kaushambi (Uttar Pradesh).
Five such complainants, who were duped by these accused, have been identified so far, the official said. Further investigation is going on in this regard.
Police have also recovered 1,091 Bank of Baroda ATM cards, 22 Fino Bank instant debit cards, 56 blank passbooks of Bank of Baroda from the possession of the accused.
The DCP said that the interrogation of the accused and the ongoing investigation in the case have revealed that it is a multi-layered racket which operates from far-flung places in the country.
The official said the investigation revealed that the operation was divided into four tiers, with each tier playing a specific role in the overall plan. The first phase involved theft of insurance customer data, in which two suspects were arrested and are currently in judicial custody.
SKK/ANM
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