2 arrested for cheating Bokaro-based insurance policy holder

Two notorious cheats who duped insurance policy holders after luring them with attractive dividends on their policies have been arrested by the Crime Branch, police said today.
The duo -- Devansh Rastogi alias D K Dogra and Prashant Verma alias Punit Nanda -- would often contact their targets in remote cities posing as manager of an insurance firm and income tax officer and ask them to deposit refundable income tax in bank accounts provided by them to receive dividends, said Ravindra Yadav, Joint Commissioner (Crime) of Police.
They had duped a senior citizen of Bokaro in Jharkhand who paid Rs 4.4 lakh to them on being promised of a dividend of Rs 16.63 lakh on his insurance policy, the officer said.

The victim, Kedar Prasad Singh, was contacted by one Akansha Agarwal, who claimed to be an officer of a prominent insurance company in Connaught Place, and was asked to deposit Rs 2.33 lakh as refundable income tax to claim a dividend of Rs 10.31 lakh on his policy.
Singh deposited the amount in the bank account number provided to him. Later, he was called by two other persons claiming to be officers of the same insurance firms, and told that his dividend was enhanced to Rs 16.63 lakh and he was needed to deposit Rs 2 lakh more as income tax, he said.

Singh again deposited the quoted sum but got alarmed when another person, who identified himself as Punit Nanda, posing as an income tax officer made several calls to him for further income tax and other duties.

Singh approached police and got an FIR lodged at Chas police station in Jharkhand in connection with the fraud.
The Crime Branch received information about the Delhi NCR based racket of cheats that was duping insurance policy holders in different cities by offering attractive dividend amounts and cars as prizes on their policies, Yadav said.
Call details of mobile numbers of the accused and information provided by sources led police to Devansh and Prashant who were arrested from New Delhi and Greater Noida.

The duo had worked as tele callers and sales managers in different private companies in Delhi and Noida.
During investigation, it was also revealed that fake identity documents were used by them to open bank accounts and purchase the SIM cards for the purpose of cheating.
A huge amount of incriminating documents,a car, six mobile phones and 18 SIM cards were also recovered from them.
The duo have cheated several persons and details of their victims are being verified through their bank statements and phone record, the officer added.