Srinagar, Oct 14: The Economic Offences Wing (EOW) of Crime Branch Kashmir has filed a chargesheet before the Sub Judge Kupwara against one Salim Akbar for allegedly duping insurance policyholders by fraudulently collecting their premium payments.
According to an official statement, the chargesheet was filed in connection with FIR No. 253/2023 registered at Police Station Kupwara under Sections 420 of the IPC and 66D of the IT Act. The case was formally submitted before the Hon’ble Court of Sub Judge, Kupwara.
The investigation was initiated following a complaint lodged at Police Post Dragmulla, Kupwara, alleging that the accused, Salim Akbar, son of Mohammad Akbar and resident of Hyhama Batapora (presently residing at Malpora Nagri Hatmullah), was involved in defrauding innocent insurance policyholders.
Preliminary inquiry revealed that Akbar, a former tele-caller associated with reputed insurance companies including Max Life Insurance and Aditya Birla Sun Life, had deceitfully collected installment payments from clients. Instead of depositing them with the legitimate insurance companies, he allegedly diverted the funds to his personal accounts.
Further investigation indicated that the accused, along with unidentified accomplices, orchestrated a systematic fraud involving cheating and breach of trust. Based on these findings, the case was transferred to the Crime Branch Srinagar for detailed investigation.
The Crime Branch said that filing of the chargesheet marks a significant step toward curbing white-collar crime and ensuring accountability in financial fraud cases. Authorities reiterated their commitment to protecting citizens from such fraudulent practices in the insurance sector.