Fraud by Bajaj Allianz Life Insurance Company’s women manager, 46 lakhs was imposed on the policy holder

A sensational incident has come to light that a woman manager of Bajaj Allianz Life Insurance Company’s Ulhasnagar branch, with the help of two accomplices, embezzled Rs. 46 lakes 61 thousand 252 rupees of policy holder.

In this case, a case has been registered in the central police station under various sections and both women and the manager have been handcuffed. The name of the arrested female manager is Minu Pankaj Jha, (age 32, Res. Asangaon, Shahapur). The names of the two arrested are Vikas Ramuprasad Gond, (age 25, Res. Pisvali, Kalyan), Anuj Gurunath Madhvi (age 30, Res. Ghodbunder Road, Thane).

Aasan Balani owns a hotel in Ulhasnagar and he had taken out a life insurance policy in the name of himself and his wife Pooja Balani in the Ulhasnagar branch of Bajaj Allianz Life Insurance Company in the year 2010 with an annual premium of Rs 1 lakh each.
In 2030, after the installments of this life insurance were completed, Balani would get Rs 46 lakh 61 thousand each. In the month of March, an employee of Bajaj Alliance Company came to Aasan Balani’s house.
He took a photo of Pooja Balani in his mobile phone. Also took OTP stating that KYC is being updated. After that, Asan Balani was called by the female employee to meet him in the office. The woman then demanded that Aasan Balani surrender the old life insurance plan if he was suffering loss in his insurance and wanted double benefit. Asan opposed it.

Despite protests, the woman canceled the old insurance policy and took out a new life insurance that day. Immediately after that, Asan Balani checked his policy and the ground shifted under his feet.

In 2020, the accused manager Minu Jha removed the mobile number of Aasan Balani from the computer system and inserted her mobile number. Also the photo has changed. After that, two new life insurance policies were taken out with an annual premium of Rs.4 lakhs and the premium was transferred from the old life insurance deposits. After coming to the notice of Asan Balani, this matter was brought to the notice of the senior officials of the insurance company.

By breaking the policy without the consent of Aasan Balani and changing his mobile number and email ID in the policy system, the accused manager Minu Jha added her own mobile number and email ID and obtained OTP from accused accomplice Vikas Gond in the name of Aasan, fake light bill, vehicle Driving license, forged checks and took out two new policies.
After that, another accused accomplice Anuj Madhavi was placed instead of Aasan’s son Niraj Balani for the online video verification of both the new policies and caused financial loss to Aasan and his son Niraj by giving false signature.