2 Arrested For Staging Pretend Automobile Robberies To Declare Insurance coverage Cash: Cops


The 2 cast paperwork, created faux IDs, acquired mortgage sanctioned by banks: Police (Representational)

New Delhi:

Two males have been arrested in Delhi because the police busted a racket that allegedly obtained automotive loans from banks by producing cast paperwork and later staged faux robberies to say the insurance coverage cash, police mentioned on Tuesday.

The incident got here to gentle on July 7 after Sumit Jaiswal (26) reported to the KN Katju Marg police station in regards to the theft of his automotive from exterior his home at Sector 16, Rohini, in keeping with the police.

On his criticism, an FIR was registered and an investigation was initiated, police mentioned.

Senior police official (Rohini) PK Mishra mentioned when the complainant was questioned on how he managed to rearrange cash to purchase a expensive automotive, he failed to offer a passable reply.

“Once we corroborated his model with the CCTV footage and checked with our sources, we acquired to know that no such incident of theft as narrated by the complainant had truly taken place,” the senior police officer mentioned.

The information collected from numerous banks and monetary establishments additionally indicated Jaiswal’s involvement within the crime, he mentioned.

Throughout interrogation, it was revealed that he had bought the automobile with the assistance of Raj Kumar Gupta (36) by acquiring a automotive mortgage from the financial institution by producing cast paperwork and faux identifies, Mr Mishra mentioned.

Gupta and Jaiswal, each residents of north Delhi’s Wazirabad, cheated numerous banks together with different gang members utilizing the strategy, police mentioned.

Being the mastermind of the racket, Gupta cast paperwork and created faux IDs, whereas Jaiswal acquired the mortgage sanctioned by producing these paperwork.

After shopping for a brand new automobile on mortgage, the 2, together with different gang members, stage a faux theft of the newly-purchased automobile to mislead the police, to allow them to declare insurance coverage cash for the automobile on the premise of the FIR registered, an official mentioned.

For the automotive, the accused acquired a mortgage of Rs 16 lakh from the financial institution. Until date, they’d cheated banks and acquired cash price Rs 42 lakh.

Gupta has been a mortgage defaulter and has beforehand obtained such automotive loans at the very least twice. Jaiswal, who works as a masseur, had a faux ID card exhibiting that he labored for the Nationwide Buildings Development Company (NBCC), police mentioned.

Jaiswal has been arrested, and Gupta was held from his home in Wazirabad on July 11, the officer mentioned.

Some faux media ID playing cards, printing machine, plastic playing cards to make cast Aadhaar, PAN, voter IDs and bank cards had been recovered, police mentioned.

Efforts are being made to get well the automotive and nab different members of the gang, the police mentioned.

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