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Fake vehicle insurance racket busted in Hyderabad; 11 held | Hyderabad News

Fake vehicle insurance racket busted in Hyderabad; 11 held | Hyderabad News

by admin
January 5, 2021
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HYDERABAD: Police right here have arrested 11 individuals who had been allegedly concerned in preparation and promoting of pretend automobile insurance coverage insurance policies. They had been arrested following a criticism by an space supervisor of a non-public Insurance coverage firm.
An insurance coverage agent was amongst these nabbed, Cyberabad commissioner of police V C Sajjanar informed reporters on Tuesday.
Throughout questioning, the gang members revealed they offered faux insurance coverage insurance policies to greater than 2,000 folks over the previous two years, police mentioned.
The racket got here to gentle when a ‘coverage holder’ approached an insurance coverage agency for a declare, police mentioned. As many as 1,125 faux automobile insurance coverage insurance policies and stamps, laptop techniques, printers and different paperwork associated to faux insurance policies had been seized from the gang’s possession.



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Tags: BustedfakeheldHyderabadinsuranceNewsracketVehicle

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