🚨 Ghaziabad Fake Insurance Scam: ₹4.5 Crore Fraud Exposed — Here’s How It Unfolded
Ghaziabad, June 2025 – In a stunning revelation, the Ghaziabad Cyber Police unearthed a sprawling insurance scam that duped over 1,500 unsuspecting citizens across multiple states. Valued at ₹4.5 crore, the fraud was executed with chilling precision—from stolen data to forged documents, all orchestrated by a gang operating out of SUVs and stealth locations.
🔍 The Syndicate Behind the Scam
The police have arrested seven key individuals and are on the lookout for four others:
| 👤 Name | 🏠 Location | 🎂 Age |
|---|---|---|
| Aman Aggarwal | Govindpuram, Ghaziabad | 29 |
| Rahul Sharma | Mubarikpur, Hapur | 23 |
| Rahul Yadav | Shastri Park, Delhi | 30 |
| Aftab Alam | Masuri, Ghaziabad | 25 |
| Deepak Singh | Gaindpur Shekhpur, Bulandshahr | 26 |
| Garvit Tyagi | Kuchesar Road, Hapur | 24 |
| Jagjit Singh | Sardulgarh, Punjab | 28 |
🔎 Still absconding: Nishant Tyagi, Vilas, Ganesh, and Bhupesh.
🧠 Anatomy of the Fraud: How It Was Masterminded
This wasn’t your average phone scam. The gang used insider access, mobility, and tech tools to build trust and drain wallets:
- Data Theft: Two of the accused were ex-employees of HEXAR Insurance (Noida). Before resigning in 2021, they siphoned off customer data.
- Fake Agents, Real Panic: Using fake IDs and SIM cards, they impersonated insurance executives offering “renewal benefits” and “bonus returns”.
- Forged Policy Docs: With access to design software, they created fake policy papers and receipts that looked indistinguishable from the real thing.
- Mobile Command Centers: Operating from a Thar and an XUV300, along with rented flats, made their movements difficult to trace.
- Money Mule Network: Victim payments were funneled through a web of bank accounts. Police have frozen ₹47 lakh so far.
🧾 Seizures include:
- 26 mobile phones
- 14 debit cards
- ₹1.98 lakh in cash
- Laptops and routers used for phishing setups
⚖️ Legal Wrath: Acts Invoked Against the Accused
The accused have been booked under provisions of the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act:
| ⚖️ Crime | 📜 Section |
|---|---|
| Cheating | 318(4) |
| Forgery | 336(3), 338 |
| Personation | 319 |
| Use of Forged Documents | 340 |
| Organized Crime | 111 |
| Common Intention | 3(5) |
| Cyber Offenses | Sec. 66 IT Act |
🌍 Victims & Impact
The scam’s victims spanned at least 10 states, including Uttar Pradesh, Delhi, Maharashtra, Rajasthan, Gujarat, and Karnataka. Many were senior citizens and less tech-savvy individuals—deliberately targeted because of their vulnerability.
✅ How to Stay Safe from Insurance Frauds
- 🔒 Never share OTPs or policy details on unknown calls
- ✅ Verify agent credentials via the official IRDAI website
- 📞 Report suspicious calls to 1930 or the Cyber Crime Portal
📝 This case is a chilling reminder: with rising digital access comes increasing responsibility. Stay alert, verify everything, and when in doubt, don’t click.