Sambhal police charged five in insurance fraud scheme

Police filed a 230-page charge sheet against five individuals in Sambhal, India, for creating fraudulent insurance policies for the critically ill and deceased. This action follows an investigation into a major insurance scam. The accused, including individuals from Moradabad and Varanasi, targeted sick people, creating fake policies by falsely portraying them as healthy. They paid premiums themselves, anticipating claims after the insured's death, and also created policies for those already deceased. The scam caused financial losses to major insurance companies. Forty people have been jailed, including bank employees and agents. Investigations revealed murders committed for insurance money, including one where a brother killed his sibling.