CBI Court Imposes 5-Year Sentence for Insurance Fraud
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Synopsis
A Special CBI court in Ahmedabad has sentenced two individuals, including an insurance surveyor, to five years in prison and fined them Rs 17.2 lakh for committing insurance fraud involving claims of Rs 9 lakh. The case highlights issues of corruption and fraudulent practices in the insurance sector.
Key Takeaways
- Two individuals sentenced for insurance fraud.
- Five years of rigorous imprisonment imposed.
- Fine of Rs 17.2 lakh for fraudulent claims.
- Involvement of a Senior Divisional Manager in conspiracy.
- CBI's extensive investigation included 38 witnesses.
New Delhi, Jan 17 (NationPress) A Special CBI court located in Ahmedabad has sentenced two individuals, including an insurance company surveyor, to five years of rigorous imprisonment (RI) along with a fine of Rs 17.2 lakh for fraudulent insurance claims amounting to Rs 9 lakh, as confirmed by an official on Friday.
The individuals sentenced are Hasan Abu Soni, a partner at Marks Chemical and S.R.J Associates, and Sanjay Ramesh Chitre, a surveyor/loss assessor, as stated in the official report.
The CBI initiated the case on January 30, 2003, against the then Senior Divisional Manager of New India Assurance Co. Ltd. (NIACL) at the Navsari Divisional Office, along with the convicted individuals.
It was claimed that the Senior Divisional Manager was involved in a criminal conspiracy and colluded with private individuals to approve insurance claims based on forged documents, resulting in a total loss of Rs 4.41 lakh and Rs 4.94 lakh to New India Assurance Co. Ltd. across two policies.
After the investigation concluded, the CBI submitted charge sheets on June 24, 2005, against the accused, including those who were convicted.
During the trial, a total of 38 prosecution witnesses were examined, and 255 documents/exhibits were presented as evidence against the accused in relation to the charges of criminal conspiracy, cheating, forgery for the purpose of cheating, and using forged documents as genuine to secure insurance claims.
Following the trial, the court found the accused guilty and imposed sentences accordingly. The charges against the public servant who was involved were dropped as he passed away during the trial.
In another case, the CBI on Thursday charged an assistant post-master in Firozabad, Uttar Pradesh, for demanding a bribe of Rs 10,000 from a man wishing to withdraw Rs 1,50,000 from his deceased father's Public Provident Fund account.
Assistant post-master Vijay Kumar Singh Jadon was charged under section 7 of the Prevention of Corruption Act based on a complaint filed by Vivek Pratap Singh, a resident of Jatau in Firozabad district.
