The Economic Offences Wing of the Crime Branch Kashmir filed a chargesheet in an insurance fraud case in Kupwara district.
The EOW said the chargesheet was formally submitted before the court of sub-judge, Kupwara, against one Salim Akbar, a resident of Hyhama Batapora, Kupwara, currently living at Malpora Nagri Hatmullah.
The case originated from a complaint received at Police Post Dragmulla, in Kupwara district, alleging that Salim Akbar was involved in fraudulent activities targeting innocent insurance policy holders.
A preliminary police inquiry revealed that the accused, a former tele-caller with reputed insurance firms, including Max Life Insurance and Aditya Birla Sun Life, had deceitfully collected policy installment payments from clients.
“These payments were directed into bank accounts of his choice, without the knowledge or authorisation of the actual insurance companies,” the officials said.
Investigations further indicated that Salim Akbar, along with accomplices, orchestrated a systematic scam, thereby committing acts of cheating and breach of trust.
Based on the inquiry findings, a formal FIR was registered at police station Kupwara in 2023 under Sections 420 of the IPC and 66D of the IT Act. The investigation was subsequently transferred to the Crime Branch, Srinagar. A chargesheet was submitted before the Court of Law for judicial determination.
The chargesheet marks a significant step towards ensuring accountability in white-collar crimes and safeguarding the interests of citizens against financial fraud, EOW said.
