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Based on the email IDs and IP locations of the accused, police have arrested the trio identified as Vikesh Krushna Singh, Abdul Razaak Rahman Shaikh and Rajendra Yadav. They all have been booked for cheating, forgery and breach of trust.
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Bengaluru Online Scam: Posing as insurance firm representatives, cyber criminals defraud 2 policyholders of Rs 93 lakh
On closer look, they were shocked to learn that that in many of these insurances, the vehicle type was a two-wheeler while actual vehicle types were four and six wheelers. They realised that some kind of scam was being carried out.
Police said that the fraudsters using fake email IDs were filling out false information online and taking money from various clients by buying insurance for four-wheelers but were actually paying insurance for two-wheeler insurance. This way the fraudsters had so far managed to siphon off more than Rs. 1.53 crore.
The police are investigating whether there were more people involved in the scam.
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