he Ghaziabad Cyber Crime Police have dismantled a cyber fraud racket that had issued nearly 1,500 fake life and health insurance policies to dupe unsuspecting victims across the country. Seven individuals, including former insurance company employees, were arrested in connection with the ₹4.5 crore scam.
According to Additional Commissioner of Police (Crime & Law and Order) Alok Priyadarshi, the accused have been identified as Aman Aggarwal (Govindpuram, Ghaziabad), Rahul Yadav (Shastri Park, Delhi), Aftab Alam (Masuri), Rahul Sharma (Mubarikpur, Hapur), Deepak (Gaindpur Shekhpur, Bulandshahr), Garvit Tyagi (Kuchesar Road, Hapur), and Jagjit Singh (Sardulgarh, Punjab). Notably, Aman and Rahul Sharma had previously worked with an insurance intermediary firm in Noida, where they had access to sensitive client data.
Using this confidential data, they contacted policyholders posing as company representatives and persuaded them to renew their policies or buy new ones, promising higher returns and benefits. Fake receipts and policy documents were generated using specialized software and shared with the victims to maintain credibility.
Fraud Spans Multiple States; Victims Include Senior Citizens and Remote Customers
The gang’s fraudulent operations were not limited to one region. Upon investigation, police uncovered that people from at least four states had been scammed, including Uttar Pradesh, Gujarat, Karnataka, and Madhya Pradesh.
Additional Deputy Commissioner of Police (Crime) Piyush Singh noted that victims included residents from diverse locations such as Pratapgarh (U.P.), Jhansi, Jamnagar and Ahmedabad (Gujarat), Kachchh, and Karnataka’s Sindhu district. In total, nine individual cases from four states have already been linked to the gang.
Victims were sent seemingly authentic policy documents and e-receipts, leaving them unaware of the scam until claims were denied or further discrepancies emerged. Police suspect the number of affected individuals could be much higher, with digital forensic teams currently analyzing recovered devices.
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Evidence Recovered: Cash, Mobiles, Luxury Cars, and Statewide Digital Trails
The police seized a significant cache of evidence during raids on the gang members’ premises. This included:
- ₹1.98 lakh in cash
- 26 mobile phones
- 14 debit cards
- 2 luxury cars
Additionally, the accused’s devices revealed transaction histories and victim contact logs from states like Punjab, Maharashtra, Rajasthan, Jharkhand, West Bengal, Gujarat, and Delhi. Police believe the network used telecalling scripts, call spoofing apps, and advanced customer management tools to impersonate legitimate insurance agents.
During interrogation, prime accused Aman Aggarwal confessed that in 2021, he was employed at HEXAR, a Noida-based authorized center for several major insurance companies. Along with Rahul Sharma, who also worked there, they obtained sensitive policyholder information. After quitting, they joined hands with other accused and established a tele-calling fraud operation.
Efforts are underway to trace four more gang members—Nishant Tyagi, Vilas, Ganesh, and Bhupesh—who are currently on the run. Police teams have been deployed across multiple states for their apprehension.