Insurance agent booked for cheating policy holders for Rs 15lakh

  • | Friday | 13th July, 2018

The cheating came to notice of the insurance company when two policy holders filed complaint with the insurance firm.“So far cheating with two policy holders have come to light and the investigation will reveal if others have become victim. Surat: Police booked a 53-year-old insurance agent from Udhna on Wednesday for allegedly duping policy holders for Rs 15.29 lakh.Police booked Ramkishore Mishra, a certified life insurance agent and resident of Udhna village, following complaint of Girdhar Parmar (58), manager of the life insurance firm. In one case, Mishra deposited the money that the policy holder had give in cash as premium amount in the bank account instead of depositing it with the insurance firm. Another complainant approached the insurance firm when he did not receive the payment for his matured policy.Mishra was booked under various sections of Indian Penal Code including 406 (breach of trust), 420 (cheating), 465 (forgery) and others. In second case, Mishra deposited the policy maturity amount in bank account of the policy holder which he himself had opened.The issue came to light when one of the complainants was informed that his policy had discontinued for non-payment of premium.

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