Mulund woman loses ₹27.67 lakh in attempts to process late husband’s insurance policies | Mumbai news

It took more than four years for a 63-year-old woman and her son from Mulund (West) to realise that the two executives of an insurance company and a lawyer, who they had paid 27.67 lakh to process the policies worth 79.73 lakh bought by her late husband, were frauds.

According to the police, the senior citizen lives with her son, 42, who looks after the family’s printing business, ever since her husband died in 2011.

In 2018, the woman received a call from one Deepika Sharma from Delhi who said the policies her husband had taken had matured and she had been named as the nominee. Sharma told her that there were some taxes and premiums to be paid. Accordingly, the woman paid 1 lakh to process a maturity amount of 26.33 lakh.

When she did not get the money, her son called Sharma who promised him that in a week they would get 45 lakh for all the policies. However, Sharma then stopped answering their calls, a police officer said.

The duo could not pursue the matter in early 2020 due to the lockdown. In April this year, the complainant received a call from lawyer Rakesh Kumar who told her that there were multiple fraud agencies in Delhi and he had recovered innocent people’s money from them. He offered to help the complainant in exchange of 10% of the insurance amount only after the work was done.

In May, Kumar informed her that he had raided a place along with a police team in Delhi and arrested several people. He claimed to have recovered some fraud money and said he had prepared a demand draft of 8.4 lakh in her name. Kumar demanded 84,000 as his fee and after the complainant sent him the money, he switched off his phone, the officer said.

The woman received a call in October from one Radhika Sharma who claimed to be an executive with integrated grievance management. She asked for a processing fee of 6 lakh to release an insurance amount of 72 lakh. This time, the woman decided to approach the police.

On Tuesday, she filed a complaint, claiming that they had lost 27.67 lakh in processing fees to the trio. The Mulund police have registered an FIR under sections 420 (cheating) and 34 (common intention) of the Indian Penal Code against the three people.

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