The Economic Offences Wing (EOW) of the Delhi Police on Sunday arrested a gang of 4 economic offenders allegedly included in an coverage fraud scenario targetting veteran army officials.
The team was cheating the veterans in the identify of facilitating the release of outstanding insurance policy of maturities and bonus to them from AGIF (Military Team Insurance policies Fund). The fraudsters have been demanding income from their targetted folks, officials said.
In accordance to the law enforcement, as numerous as 54 retired army officers had been on focus on, of which, 13 allegedly fell prey to the fraudsters and jointly coughed crores of rupees.
4 arrested have been discovered as Raj Rajput (36), Prabhat Kumar (33), Ram Naresh (52) and Ram Sagar (28). The group was concerned in many other scenarios of frauds and have cheated men and women in quite a few states, law enforcement stated.
“Fraudsters ended up calling up veterans for launch of some monetary benefits to them from AGIF (Army Group Insurance plan Fund). They produced phone phone calls to the pensioners upcoming of kin by promising them a large sum of dollars in the selection of Rs 3-4 lakh and, in flip, demanded quite modest amounts of Rs 30,000-40,000 in advance in the name of processing fees for releasing the cash,” Further Commissioner of Police (Economic Offences Wing), R.K. Singh reported.
“A person of the victims Colonel G.M. Khan from Army Company Corps paid Rs 1.27 crore to these fraudsters from his account until day. Other retired army officers were also targetted by the alleged individuals and 12 far more officers deposited different amounts in the bank accounts as for every the instructions of these cheats,” he extra.
Law enforcement stated that extra than 50 lender accounts were being analysed apart from verification of all the accessible addresses of the account holders and the mobile phone quantities made use of by the economic offenders.
“The investigation has unveiled that the financial institution accounts in which the quantities of the victims were credited had been opened by accused Ram Naresh and Ram Sagar in the names of different companies on rented addresses. House owners of the qualities experienced no clues about these offenders. The cheated quantities were being withdrawn in hard cash promptly either through ATMs or cheques. Assessment of financial institution accounts revealed that accused Prabhat Kumar was withdrawing cash by way of self cheques,” Singh extra.
The Delhi Law enforcement had registered a circumstance underneath sections 420, 120-B of India Penal Code on September 17, 2019 and have been in search of these fraudsters.
ALSO Read through: Police you should not want to nab genuine culprits of Delhi riots, alleges AAP
ALSO Examine: Delhi law enforcement reunites 2 lacking youngsters with family members just after 3 years
Most current India News