92-Year-Old Retired Doctor Duped of Rs 21 Lakh in Insurance Fraud
Fraud
Hyderabad: In a recent financial fraud case, a 92-year-old retired doctor residing in the upscale Banjara Hills area of Hyderabad has reportedly been cheated of Rs 21 lakh by an insurance agent. The agent is accused of forging her signature on stolen cheques to carry out the fraud.
The elderly doc is a former superintendent of Niloufer Hospital and the widow of a Lieutenant Colonel in the Indian Army. Though retired for several years, she remains active and resides alone in her Banjara Hills home while her children live abroad in the UK.
According to her complaint, the accused visited her residence under the pretext of an agent from Reliance Nippon Life Insurance. Claiming to assist with policy renewals, he presented professional-looking credentials, including an ID card and business card bearing the company’s insignia.
He allegedly requested payment for insurance renewals and asked for a cancelled cheque, claiming it was necessary for the deposit of policy maturity amounts. The doctor, believing him to be a legitimate agent, complied.
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