Gang Loots Insurance Money By Misusing Aadhaar, Opening Fake Accounts

Officials said the case has exposed the vulnerability of the process of updating personal details at Aadhaar centres for misuse.

Delhi Police have arrested five people, including two former employees of a leading insurance firm, for allegedly cheating 22 policy holders and withdrawing Rs 2.38 crore that remained with the insurer unclaimed either as surrendered amount or after maturity, officials said on Wednesday.

A senior police official said one of the accused, Rohit Kumar Aggarwal (28), who worked with Max Life Insurance as a senior executive, had access to the company data. Aggarwal used to identify the policy holders whose surrendered and maturity amount remained unclaimed with the company for an unusually long time.

He would give the details of the target policy holders to Sujeet Kumar Mishra (41), who too was an employee of the insurance firm. Mishra would pass on the information to Chandan Jain (41), who would give the details to Prem Parkash (37) to open new bank accounts in the name of these policy holders. Vikas (30), the fifth accused, worked at an Aadhaar Centre and he helped the gang in updating Aadhaar details in the new bank accounts.

Officials said the case has exposed the vulnerability of the process of updating personal details at Aadhaar centres for misuse.