Thane Crime: 42-year-old man cheated of Rs 21.59 lakh on pretext of insurance policy

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A 42-year-old man from Panvel has allegedly been cheated of Rs 21.59 lakh by a few individuals under the pretext of getting him an insurance policy from a private company.

According to the police, they have registered a case in this connection against seven people.

"The accused approached the victim on different occasions with a proposal of an insurance policy for him and allegedly took Rs 21.59 lakh on some pretext or another between October 4, 2022, and October 20 this year," a police official from Panvel police station said.

"Later, when the victim contacted the accused, they gave evasive replies and did not get him the insurance policy," he said.

According to the police, the victim filed a police complaint last week.

A case has been registered against six men and one unidentified woman under relevant provisions of the Indian Penal Code and the Information Technology Act.

"A probe was on into the case," the police said.

Meanwhile, in another incident, a spice trader from Rajkot in Gujarat has allegedly been duped of Rs 26.87 lakh by a businessman in Navi Mumbai.

The accused businessman placed an order for spices from the trader and paid an advance of Rs 15 lakh for it.

"The trader dispatched the stock and got it delivered to a cold storage unit. The accused businessman and two other persons then allegedly beat up the owner of the truck that delivered the stock, and the cold storage manager called up the spice trader and threatened him," a police official from Panvel police station said.

"The businessman allegedly refused to pay the balance of Rs 26,87,475 to the spice trader and also threatened him," he said.

A case was registered against the businessman who purchased the stock, the cold storage manager and two other unidentified persons under Indian Penal Code Sections 409 (criminal breach of trust), 347 (wrongful confinement to extort property, or constrain to illegal act) and 34 (common intention), the official said.

(with inputs from PTI)