The Cyber crime wing of the Central crime branch arrested a 40-year-old BSc graduate from Ghaziabad in Uttar Pradesh for allegedly running a fake insurance racket for the past three years cheating as many as 34 people cheating them of ₹4.5 crore.
The accused Manveer Singh alias Manoj Singh worked in Noida at a private firm for a few months before picking up cyber fraud skills and started to make random calls to people claiming to be an insurance agent for a reputed company offering lucrative insurance policies with high returns in shorty period of time.
The accused had even floated a fake website and advertisement page on social media claiming to be insurance agent for private banks and firms. The accused had even appointed a local person on a monthly salary to pick up pay cheques and documents from the victim’s residence, to make them believe that its genuine.
