Agent arrested for duping LIC by insuring four dead persons in Odisha
The Hindu
Kabiraj Behera managed to get the insured amount for 23 LIC policies after insuring four persons after their death between 2013 and 2019.
An insurance agent in Odisha’s Puri district was arrested on charges of duping the Life Insurance Corporation of India (LIC) by insuring four dead persons and receiving ₹1.81 crore of the insured sum.
The Economic Offences Wing (EOW) of Odisha Crime Branch stumbled upon the curious case of Kabiraj Behera, a resident of Jhadakata under Kanasa police station of Puri, who had fraudulently managed to get the insured amount concerning 23 LIC policies after insuring four persons after their death between 2013 and 2019.
The accused would be sent to the court of Sub-Divisional Judicial Magistrate, Khordha, on Thursday.