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Retired accountant loses Rs 67 lakh to fraudster over insurance policy

Cheat had allegedly posed as an officer of the insurance company the retired accountant had taken a policy worth Rs 3.20 lakh from, convinced the 68-year-old to renew it

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A 68-year-old retired accountant was duped of Rs 67 lakh on the pretext of renewal of her lapsed life insurance policy. The Samtanagar police have begun investigating the case after the Kandivli resident complained to them on April 16. According to police sources, the woman retired in 2011, and had bought an insurance policy worth Rs 3.20 lakh. She began paying the annual premium of Rs 30,000 in 2013, but due to some reason, stopped in 2014.

Also Read: Mumbai Crime: Kalyan engineer duped of Rs 10.1 Lakh in railways job racket

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