71-yr-old man from Thane cheated of Rs 72 lakh in insurance fraud

Thane: A 71-year-old man from Maharashtra's Thane district has allegedly been cheated of Rs 72.67 lakh after being lured with good returns on his insurance policy, police said on Wednesday.

The man, resident of Khoni village in Dombivli area, received a call from a woman on February 19 informing him about the benefits and other details of the insurance policy which he had already taken.

He was then directed to five persons who, under different pretexts, made him pay Rs 72,67,683. But later when the man sought his money, the accused gave evasive replies and later stopped taking his calls, an official from Manpada police station said.

Following a complaint by the man, the police on Monday night registered a case against unidentified persons under relevant provisions, the official said.