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Mumbai: Two held for posing as insurance agents, duping Andheri scrap dealer
Updated On: 25 June, 2024 08:40 PM IST | Mumbai | Samiullah Khan
In April, the scrape dealer received a call from an individual posing as a representative of the insurance company, demanding payment for the policy and a loan amount
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Representational Image. File Pic
In a significant breakthrough, MIDC police have arrested Shashikant Jadhav and Ajit Yadav in connection with a fraudulent scheme that duped a scrap dealer from Andheri out of Rs 1.34 lakh. The arrests were made following a detailed investigation initiated after the victim reported the scam.
The complainant, a scrap dealer residing in Andheri, had taken out a private insurance policy four years ago but failed to pay the premium for two years. In April, he received a call from an individual posing as a representative of the insurance company, demanding payment for the policy and a loan amount. The caller provided a bank account number for the payment, warning of potential losses if the amount wasn`t paid. Trusting the caller, the victim transferred Rs 1.34 lakh to the given account. However, the payment was never reflected in his policy, and repeated calls to the number went unanswered.
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