A long-running insurance fraud has come to light after investigators uncovered that a Bhayandar-based insurance policy agent allegedly tampered with policy records, changed addresses, and diverted Rs 17.82 lakh belonging to four unsuspecting insurance policyholders. The accused, Suryaprasad Ramsurat Mishra, 57, reportedly exploited the trust of customers who depended entirely on him for their insurance dealings and rarely visited the branch, allowing the scam to continue undetected for years.

According to a complaint filed by Sunita Udesh Mudras, 48, senior branch manager at the insurance company, Mishra had issued several money-back policies before 2010 and gradually manipulated the records of long-time clients. Police said he changed addresses, converted monthly premiums to yearly, replaced original bank details, and ensured that payouts and loans were redirected to accounts he controlled.