The Financial Offences Wing (EOW) of Bhubaneswar has arrested a LIC agent at the allegation of fraudulent dying claims in conspiracy with nominees of deceased individuals. The accused has been known as Kabiraj Behera, a resident of Jhadakata below Kanas police limits within the Puri district.
Kabiraj has been running as a LIC agent since 2003. He had fraudulently controlled to take a complete of 23 LIC insurance policies within the names of 4 deceased individuals, claiming them as alive. After about 3 to 5 years of taking the ones insurance policies, he created faux dying certificate within the names of insured individuals.
Accused Kabiraj implemented for dying claims in favour of the nominees within the LIC Department Place of job, Khordha via the usage of the ones faux dying certificate and tried to avail monetary advantages, dying claims towards the ones 23 insurance policies.
From the initial investigation, it’s been ascertained that the insurance coverage insurance policies had been taken after the real dying of insured individuals, on the other hand, the top rate used to be being paid continuously. In all insurance policies, the sum confident used to be saved lower than Rs 10 lakhs, which comes inside the monetary energy to settle the dying advantages.
Dillip Tripathy, SP, EOW, mentioned, “As per allegation, Kabiraj Behera, LIC agent has duped Rs 1.81 crore in the names of four deceased persons. We have investigated and arrested the accused. We have seized lots of documents from Kabiraj’s house.”
As consistent with reviews, the LIC had launched bills for a complete quantity of claims raised via the nominees of 23 insurance policies during the provide accused used to be greater than Rs 1.81 crore and towards 5 insurance policies.
A number of incriminating paperwork in connection to the above-mentioned dying claims like voter id playing cards, ATM playing cards, financial institution passbooks, cheque books, adhaar playing cards and the claimant nominees and correspondences made via LIC with the ones nominees had been seized from Kabiraj’s space. Additional investigation into the subject is underway.