Latest news with #AnukritiSharma
Time of India
02-07-2025
- Time of India
Insuring dying & dead: 50 firms, finmin meet with senior cops
Meerut: Six months after a multi-crore insurance scam surfaced in UP's Sambhal district, senior officials from the Union finance ministry, insurance regulatory bodies, over 50 insurance companies, and investigative agencies met in Sambhal on Monday to plug critical policy gaps and improve coordination. At the conclave hosted by UP Police, officials proposed systemic reforms to combat insurance fraud, including changes to Section 45, improved data sharing, and tighter scrutiny of investigation processes. The scam, first reported by TOI, involved policies being taken out in the names of terminally ill or dead individuals across more than 12 states. "The findings uncovered during the probe prompted the need for a national-level dialogue on fraud prevention. The idea came from the case details we encountered over the past six months," said Anukriti Sharma, Sambhal additional SP and lead investigator. SP Krishna Bishnoi said the conclave concluded with a range of suggestions. "We discussed better coordination among insurers, the need to relook Section 45, investor protection, standardisation of probe procedures, and stronger communication between cops and insurance firms," he told TOI.
Indian Express
01-07-2025
- Business
- Indian Express
Sambhal Police organise insurance conclave on tackling industry fraud
THE SAMBHAL Police on Monday organised an Insurance Conclave in Noida, bringing together officials from the Ministry of Finance, Insurance Regulatory and Development Authority of India (IRDAI) , Reserve Bank of India (RBI) and leading insurers to address systemic challenges and share fraud-busting insights. Additional Superintendent (SP) Anukriti Sharma told The Indian Express that the summit's panel discussions will be compiled into a detailed report for the Finance Ministry. 'The problems are genuine. The biggest problem is that the organisations concerned do not talk among each other. We are planning to make this (communication) a regular feature,' she said. The participants included Meena Kumari, Executive Director of IRDAI; Ramesh Khade, Director at the Institute of Healthcare, Insurance and Risk Management; Mandakini Balodhi, Director in the Ministry of Finance's Department of Financial Services; and Sambhal SP Krishan Bishnoi. At the event, Balodhi said that the aim of the government is to take the government schemes and insurance to every household.
News18
05-06-2025
- News18
Fake Policies, Documents & Murder: ED Probes Rs 100-Crore Insurance Scam In UP
Last Updated: The scam has links to at least 12 states, and 17 FIRs have been registered, including four murder cases The Enforcement Directorate (ED) has launched an investigation into a massive insurance scam in Uttar Pradesh's Sambhal district involving fake policies, forged documents, and even murders to claim insurance money. The total fraud is estimated to be over Rs 100 crore. Officials said the ED has sought related documents and FIR copies from the UP police as part of their probe. Additional Superintendent of Police (South), Anukriti Sharma, told reporters the gang has been under surveillance since January. So far, 52 people have been arrested, about 50 are still absconding, and three have surrendered in court. Further explaining on how the scam worked, Sharma revealed the gang targeted young people and sometimes killed them to claim life insurance money. They also took policies on terminally ill people, such as cancer patients, or on those already deceased. Using fake documents and tampered records, they cheated health and life insurance companies. The scam has links to at least 12 states, and 17 FIRs have been registered, including four murder cases. In the murder cases, deaths were disguised as road accidents caused by unidentified vehicles to claim insurance payouts. These FIRs were initially closed but reopened after police found irregularities. Investigations revealed that 29 death certificates used by the gang were completely fake, while some genuine certificates had altered dates to fit insurance claims. Sharma also confirmed that the ED's requests for FIRs and other documents have been fulfilled by the police. The scam's operations are not limited to Sambhal. Cases have been found in nearby districts like Amroha, Badaun, and Moradabad. Police believe the fraud amount has already crossed Rs 100 crore and could rise as the investigation continues. Early findings by the UP police point to the involvement of ASHA workers, health sector staff, and insurance company employees. The investigation on the case is currently ongoing, with more arrests expected soon. (With inputs from PTI) First Published:
NDTV
05-06-2025
- NDTV
Fake Documents, Murders: How Fraudsters Ran Rs 100 Crore Insurance Scam In UP
Sambhal (UP): A massive insurance scam involving fraudulent policies, fake documents and even killings carried out to claim insurance money has surfaced in Uttar Pradesh's Sambhal district, with the estimated fraud amount crossing Rs 100 crore, officials said on Thursday. The Enforcement Directorate (ED) has also taken interest in the case and sought related documents and FIR copies from the local police, they added. Additional Superintendent of Police (South) Anukriti Sharma told reporters that the gang involved in the scam has been under surveillance since January. So far, 52 people have been arrested in connection with the case, while around 50 accused are still absconding. Three of the accused have surrendered in court. Explaining the modus operandi, Mr Sharma said, "The gang members used to target young individuals and, in some cases, killed them to claim life-insurance money. In other instances, they took out insurance policies in the names of people suffering from terminal illnesses, such as cancer, as well as in the names of deceased individuals and then conspired to claim money from health and life insurance companies by forging documents and manipulating records." The officer said the scam has links to at least 12 states and 17 FIRs have so far been registered, including four for murder. "In the murder cases, the deaths were passed off as road accidents caused by unidentified vehicles to obtain insurance payouts. The FIRs in those cases were closed, but police managed to reopen those after finding irregularities. Investigations have so far revealed that 29 death certificates used by the gang were completely fake, while some others were genuine but had tampered dates to align with insurance claims," Sharma said. The gang's operations were not limited to Sambhal district alone. Cases have also been identified in nearby districts, such as Amroha, Badaun and Moradabad, according to officials. Police said they believe the total fraud amount has already exceeded Rs 100 crore and the figure may rise further as the investigation progresses. Sharma said police have sought detailed data from various insurance companies and are scrutinising records currently to identify other suspicious claims. The suspected data will be shared with the insurance companies for further verification and follow-up action, she said. According to Sharma, initial findings point to the involvement of ASHA workers, individuals working in the health sector and employees of insurance firms. She said the investigation is going on swiftly and more arrests are likely. Responding to a question about the ED's involvement in the case, Sharma confirmed that the federal agency has sought specific information, including FIR copies, which have been provided by police.
Time of India
05-06-2025
- Time of India
UP: Insurance fraud amount in Sambhal crosses Rs 100 crore; ED seeks documents from police
A massive insurance scam involving fraudulent policies, fake documents and even killings carried out to claim insurance money has surfaced in Uttar Pradesh's Sambhal district, with the estimated fraud amount crossing Rs 100 crore, officials said on Thursday. The Enforcement Directorate (ED) has also taken interest in the case and sought related documents and FIR copies from the local police, they added. Additional Superintendent of Police (South) Anukriti Sharma told reporters that the gang involved in the scam has been under surveillance since January. So far, 52 people have been arrested in connection with the case, while around 50 accused are still absconding. Three of the accused have surrendered in court. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Eternia Spacious 3 & 4 BHK Residences in Greater Noida West Eternia Residences Learn More Undo Explaining the modus operandi, Sharma said, "The gang members used to target young individuals and, in some cases, killed them to claim life-insurance money. In other instances, they took out insurance policies in the names of people suffering from terminal illnesses, such as cancer, as well as in the names of deceased individuals and then conspired to claim money from health and life insurance companies by forging documents and manipulating records." The officer said the scam has links to at least 12 states and 17 FIRs have so far been registered, including four for murder. Live Events "In the murder cases, the deaths were passed off as road accidents caused by unidentified vehicles to obtain insurance payouts. The FIRs in those cases were closed, but police managed to reopen those after finding irregularities. Investigations have so far revealed that 29 death certificates used by the gang were completely fake, while some others were genuine but had tampered dates to align with insurance claims," Sharma said. The gang's operations were not limited to Sambhal district alone. Cases have also been identified in nearby districts, such as Amroha, Badaun and Moradabad, according to officials. Police said they believe the total fraud amount has already exceeded Rs 100 crore and the figure may rise further as the investigation progresses. Sharma said police have sought detailed data from various insurance companies and are scrutinising records currently to identify other suspicious claims. The suspected data will be shared with the insurance companies for further verification and follow-up action, she said. According to Sharma, initial findings point to the involvement of ASHA workers, individuals working in the health sector and employees of insurance firms. She said the investigation is going on swiftly and more arrests are likely. Responding to a question about the ED's involvement in the case, Sharma confirmed that the federal agency has sought specific information, including FIR copies, which have been provided by police.
