Crime Branch files chargesheet in insurance fraud case

Srinagar, Oct 14: The Economic Offences Wing of the Crime Branch Kashmir has filed a chargesheet in connection with FIR No. 253/2023 of Police Station Kupwara under Sections 420 IPC and 66D of the IT Act. The chargesheet was formally submitted before the Hon’ble Court of Sub Judge, Kupwara.

As per the statement issued by the Crime Branch, the case originated from a complaint received at Police Post Dragmulla, Kupwara, alleging that Salim Akbar, son of Mohammad Akbar, resident of Hyhama Batapora, Kupwara (currently residing at Malpora Nagri Hatmullah), was involved in fraudulent activities targeting innocent insurance policyholders.

Preliminary enquiry revealed that the accused, a former tele-caller with reputed insurance firms including Max Life Insurance and Aditya Birla Sun Life, had deceitfully collected policy instalment payments from clients, directing them into bank accounts of his choice without the knowledge or authorisation of the actual insurance companies.

Investigations further indicated that Salim Akbar, along with accomplices, orchestrated a systematic scam, thereby committing acts of cheating and breach of trust. Based on these findings, a formal FIR was registered at P/S Kupwara, and the investigation was subsequently transferred to the Crime Branch, Srinagar.

The submission of the chargesheet marks a significant step towards ensuring accountability in white-collar crimes and safeguarding the interests of citizens against financial fraud.