Sat, 31 Oct, 2026, 06:41 am
Reported by the420.in
Surat Cybercrime Police have arrested three men, including a 64-year-old retired college professor from Ghaziabad, for allegedly cheating a policyholder of ₹1.5 crore by promising refunds on insurance policies.
The investigation has also uncovered links to 73 cyber fraud complaints across 15 states, with investigators identifying 47 bank accounts allegedly connected to the network.
According to police, the accused contacted a Surat resident while impersonating representatives of the insurance ombudsman.
They offered to help recover money from approximately 15 insurance policies and convinced the victim to transfer funds under different pretexts, including processing charges. The complainant eventually lost ₹1.5 crore after making payments believing the promised refunds would be arranged.
Police identified the suspects as Atul Sharma, 64, Mahesh Sharma, 43, and Sonu Thakur, 32. Atul, a former professor at IMT College in Ghaziabad, holds BSc and MBA degrees.
