42 months’ imprisonment for false declaration of wife’s death
The Hindu
50-year-old K. Shivaram Shenoy was found guilty of encashing two LIC policies by fraudulent means
The 2nd Chief Judicial Magistrate A.G. Shilpa has sentenced 50-year-old K. Shivaram Shenoy to 42 months of rigorous imprisonment on finding him guilty of encashing two LIC policies by falsely stating that his wife had died.
Senior Assistant Public Prosecutor B. Mohan Kumar said Mr. Shenoy included his name as the nominee in the two policies of his wife Sumana Shenoy. He then submitted them to the LIC office on K.S. Rao Road in Mangaluru with a fake certificate stating that Ms. Sumana had died on August 20, 2008. He received a cheque of ₹3.96 lakh from the LIC, which he deposited in a joint account held by him and Bharati alias Bhagyalakshmi in Mangaluru Cooperative Town Bank branch in Bajal.
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