Three persons were arrested by police for allegedly duping several persons to the tune of lakhs of rupees by selling them fake insurance policies.
The three persons identified as - Anand Ram, Pushkar Ram and Vijay Chhabra, were former employees of an insurance company. They later floated a sham insurance company of their own, DCP (East) B S Gujar said today.
As they had access to the database of a prominent private insurance company, they choose their targets using the database, Gurjar said.
They came under the police scanner when a man, whom they allegedly duped to the tune of around Rs 16 lakh on the pretext of premium on insurance policy which can bring huge tax rebates approached the police on Monday, police said.
The police then registered a case at east Delhi's Jagatpuri police station and laid a trap and all three accused were arrested in the next 48 hours, police added.
