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Hapur Man and Accomplice Arrested in Alleged Rs 50-Crore Insurance Fraud Scheme

Insurer alerts over mismatched records triggered a probe into a potential wider fraud network.

Overview

  • Police allege Vishal Kumar and associate Satish Kumar staged the deaths of his parents and wife to claim life insurance and arrested them on Modinagar Road in Hapur.
  • Investigators say the father’s coverage totaled about Rs 39 crore across multiple policies, with the purported scheme approaching Rs 50 crore overall.
  • Document and forensic reviews identified conflicts between accident timings, hospital admissions, post-mortem findings, and identity and vehicle records.
  • Authorities cite prior payouts of around Rs 80 lakh after the mother’s 2017 death and roughly Rs 30 lakh after the wife’s death, with insurers having already paid nearly Rs 1 crore.
  • Officials report the accused were uncooperative and attempted bribery, and both are now in jail as the investigation continues into possible network links.