Noida: Eight people, including a woman, have been arrested for allegedly duping around 300 people across the country in the name of providing insurance policies in five years. The police gave this information on Tuesday. It is believed that the accused have stolen Rs 8-9 crore.
Police have recovered around Rs 47.5 lakh in cash, some jewellery, a Harley Davidson bike, four cars, 16 smartphones, 85 Aadhar cards, six laptops and some other documents from the accused.
In April 2021, the police received a complaint from Riyazi Hasan (60), a retired general manager of National Thermal Power Corporation Limited (NTPC) and a resident of Sector 60, Noida, alleged that he paid Rs 1.43 crore to the accused from 2017-2021 for buying and maintaining 11 insurance policies. did.
“In 2017, Hasan received a call from a person who posed as AK Tripathi and claimed to be a representative of an insurance company. The caller lured Hasan to buy multiple insurance policies with the promise of high returns. Later, Noida Deputy Commissioner of Police (DCP) Rajesh S told some more people, the gang came in contact with him with more lucrative offers.
Hassan had taken voluntary retirement from his company in 2019 and received retirement benefits.
“The gang saw Hasan as a vulnerable target and started calling him regularly, demanding Rs 1-2 lakh and saying that the policies would be terminated if he did not pay. Hassan reported a total of Rs. Transferred Rs 1,42,74,330- for buying or maintaining the 2021 11 policies,” the DCP said.
However, in April 2021, Hasan visited the insurance company’s office and found no policy in his name.
“On April 13, Hasan realized that it was a fraud and approached Sector 58 police station and filed a complaint. Initially, we faced problems as the accused switched off all his numbers and did not communicate. It was difficult to trace them.” Ranvijay Singh, Additional Deputy Commissioner of Police (ADCP), Noida.
However, the police had then received information that the hideout of the gang was in Ghaziabad. The police arrested the accused from Dasna area on Tuesday.
Police have identified the accused as Neeraj Kumar (35) alias Nikhil Pradhan, an MBA graduate and mastermind; Amar Pal (30) alias Ram Pratap alias Atal, MCA graduate; Vikas Kumar (28) alias AK Tripathi; Sohan alias AK Gupta; Sushil alias Sunil; Swati Sethia aka Preeti Tyagi; Shahrukh Khan aka Rihaan and Azharuddin aka Shambhu Nath,
“During interrogation, he revealed that he used his alias to call customers and dupe them. Most of them had earlier worked in insurance companies and used the same data and knowledge in defrauding people,” the ADCP said.
Suspects used to buy flat, expensive vehicles
Gautam Budh Nagar Police has revealed that the accused were fond of lavish lifestyle and used money to buy property and expensive vehicles from their victims.
According to ACP-2 Noida Rajneesh Verma, the gang has disclosed that they have properties in Dehradun and Ghaziabad. He said, ‘They have flats in both these cities. The exact valuation of the flats is not yet clear. The accused were desirous of a lavish lifestyle and bought high-end vehicles, including Harley Davidson motorcycles, which cost around Rs 10 lakh. Varma said.
“They stole an estimated amount of Rs 8-9 crore. The mastermind earned a package of Rs 1.7 lakh per month working in a Mumbai-based company,” he said. The company Essity India operates in the healthcare segment. Police said that the accused have been produced before the court and sent to judicial custody.
Police have recovered around Rs 47.5 lakh in cash, some jewellery, a Harley Davidson bike, four cars, 16 smartphones, 85 Aadhar cards, six laptops and some other documents from the accused.
In April 2021, the police received a complaint from Riyazi Hasan (60), a retired general manager of National Thermal Power Corporation Limited (NTPC) and a resident of Sector 60, Noida, alleged that he paid Rs 1.43 crore to the accused from 2017-2021 for buying and maintaining 11 insurance policies. did.
“In 2017, Hasan received a call from a person who posed as AK Tripathi and claimed to be a representative of an insurance company. The caller lured Hasan to buy multiple insurance policies with the promise of high returns. Later, Noida Deputy Commissioner of Police (DCP) Rajesh S told some more people, the gang came in contact with him with more lucrative offers.
Hassan had taken voluntary retirement from his company in 2019 and received retirement benefits.
“The gang saw Hasan as a vulnerable target and started calling him regularly, demanding Rs 1-2 lakh and saying that the policies would be terminated if he did not pay. Hassan reported a total of Rs. Transferred Rs 1,42,74,330- for buying or maintaining the 2021 11 policies,” the DCP said.
However, in April 2021, Hasan visited the insurance company’s office and found no policy in his name.
“On April 13, Hasan realized that it was a fraud and approached Sector 58 police station and filed a complaint. Initially, we faced problems as the accused switched off all his numbers and did not communicate. It was difficult to trace them.” Ranvijay Singh, Additional Deputy Commissioner of Police (ADCP), Noida.
However, the police had then received information that the hideout of the gang was in Ghaziabad. The police arrested the accused from Dasna area on Tuesday.
Police have identified the accused as Neeraj Kumar (35) alias Nikhil Pradhan, an MBA graduate and mastermind; Amar Pal (30) alias Ram Pratap alias Atal, MCA graduate; Vikas Kumar (28) alias AK Tripathi; Sohan alias AK Gupta; Sushil alias Sunil; Swati Sethia aka Preeti Tyagi; Shahrukh Khan aka Rihaan and Azharuddin aka Shambhu Nath,
“During interrogation, he revealed that he used his alias to call customers and dupe them. Most of them had earlier worked in insurance companies and used the same data and knowledge in defrauding people,” the ADCP said.
Suspects used to buy flat, expensive vehicles
Gautam Budh Nagar Police has revealed that the accused were fond of lavish lifestyle and used money to buy property and expensive vehicles from their victims.
According to ACP-2 Noida Rajneesh Verma, the gang has disclosed that they have properties in Dehradun and Ghaziabad. He said, ‘They have flats in both these cities. The exact valuation of the flats is not yet clear. The accused were desirous of a lavish lifestyle and bought high-end vehicles, including Harley Davidson motorcycles, which cost around Rs 10 lakh. Varma said.
“They stole an estimated amount of Rs 8-9 crore. The mastermind earned a package of Rs 1.7 lakh per month working in a Mumbai-based company,” he said. The company Essity India operates in the healthcare segment. Police said that the accused have been produced before the court and sent to judicial custody.
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