Lucknow: Insurance coverage agency Bajaj Allianz has lodged an FIR with the Hazratganj police in Lucknow, alleging that homeowners of 21 business 4 and three-wheelers within the state have gotten their autos insured as two-wheelers within the final one month and paid much less premiums.
The corporate claimed it suffered large loss amounting to lakhs as a result of fraud, which was discovered throughout an audit.
The agency suspects it to be handiwork of an all-India stage gang that makes use of an internet portal for getting autos insured.
The grievance has been filed on behalf of the corporate department supervisor Ravi Shanker Tiwari in Hazratganj.
In his grievance, Tiwari mentioned one Abhishek Pandey was appointed as an agent for Level of Sale on the firm’s satellite tv for pc workplace in Gonda.
“In September 2021, the corporate got here to know that Pandey had issued a two-wheeler legal responsibility coverage to a business four-wheeler proprietor. This precipitated a loss to the corporate of premium meant for a four-wheeler, GST loss to state and Central governments and likewise to the shopper as properly,” Tiwari mentioned.
The fraudulent observe by Pandey surfaced following an inside inquiry.
“We had been shocked to know that Pandey bought 21 such insurance policies to four-wheeler autos of various prospects throughout his almost one-year stint within the firm,” Tiwari alleged.
Hazratganj SHO Abhishek Mishra mentioned primarily based on a grievance, police registered a case of legal breach of belief and forgery in opposition to Pandey and an investigation was underway.
Bajaj Allianz Head Vikas Dave mentioned that the fraud is pan-India, wherein 1.36 lakh 4/three wheelers have been registered as two wheelers inflicting a lack of round Rs 110 crore to the corporate and Rs 20 crore to the federal government as GST.
Dave additional mentioned as per information, 26,000 business 4 wheelers have been registered as two wheelers in Uttar Pradesh inside a 12 months (October 2021-October 2022), inflicting lack of round Rs 20 crore.
