Published On : Thu, Aug 26th, 2021

Insurance agent booked for Rs 23.60 lakh fraud

Nagpur: Pardi Police on Wednesday booked an agent of Life Insurance Corporation (LIC) for allegedly duping his relative of over Rs 23.60 lakh. The accused, Vinod Ramchandra Hiwarkar (50) is a resident of Hasanbag, Nandanvan.

A resident of Plot No 152, Lane No 2, Bhavani Nagar, Kishor Jeetram Thawle (50) lodged a complaint that Hiwarkar, who is his relative, gained his confidence and took Rs 60,000 from him towards LIC policies, Rs 6, 14,240 of his ‘Bhisi,’ and availed Rs 15 lakh housing loan on his plot between December 14, 2014 and April 5, 2021. He also borrowed Rs 1.86 lakh from different persons by misusing his name. Likewise, he defrauded him to the tune of Rs 23,60, 240.

On the basis of the complaint, police registered a case under Sections 420 and 406 of the Indian Penal Code against Vinod Hiwarkar.