Hyderabad: On Sunday the City Task Force Team nabbed a man from Secunderabad, for cheating 183 people of Rs 13 lakh by providing fake insurance policy documents.
The accused was identified as Gudimala Sreekanth (33), a resident of Anand Nagar in Bowenpally.
He would introduce himself as an authorised agent of Bajaj Allianz General Insurance Co. Ltd, Khairatabad branch, and claimed to arrange motor vehicle insurance policy through Bajaj Allianz at the lowest commission. To gain the confidence of people, he would also show an identity card and a few insurance copies of Bajaj Allianz – TOI report.
Believing him, the victims gave him the invoices and the premium amount for the policy. He collected about 183 invoices off which he delivered 129 fake policy documents in the name of Bajaj Allianz.
According to police, the accused earlier worked as a territory manager (TM) in Bajaj Allianz General Insurance Company at ECIL, therefore he was aware of the Vehicle Insurance Policy system.
The police seized the fake documents along with ₹44,000 from his possession.