Mumbai: Bangur Nagar Police Book Bajaj Allianz Employee For Allegedly Cheating 69-Year-Old Woman Of ₹6.94 Lakh

Mumbai: The Bangur Nagar police booked an employee of Bajaj Allianz for allegedly cheating a 69-year-old customer out of Rs. 6.94 lakh on the pretext of offering her a pension scheme. The case was registered on September 17. The accused has been identified as Ashish Tiwari, 34, a representative of the firm who resides in Vikhroli West.

Malad Woman Buys Bajaj Allianz Policy

According to the FIR, the complainant, Lalita Malhotra, 69, resides in Malad West and teaches classes from second to eighth standard. Her daughter is married and also resides in Malad West, while her son lives abroad. In December 2023, she purchased a five-year policy from Bajaj Allianz Finance. The insurance office is located in Sion. She visited the office and paid her first instalment of Rs. 61,350 via cheque.

In January 2024, Ashish Tiwari called her from the insurance company and requested her to pay the second instalment. She told him that she wanted to close the policy and asked for her money to be returned. Tiwari told her that the policy bonus was due and that her policy value had increased. He further assured her that if she paid the remaining instalments, she would start receiving a pension from November 2024. Trusting him, she was provided a demand letter and transferred a total of Rs. 7.94 lakh to the Google Pay number he provided, in various instalments from May 2024 to February 2025.

Insurance Employee Allegedly Diverts Rs 6.94 Lakh

Later, she, along with her daughter, visited the insurance office at Andheri East and discovered that while Tiwari was an employee of the company, he had taken the money into his personal account. He returned a small portion of the amount but did not return Rs. 6.94 lakh. She subsequently filed a complaint with the Bangur Nagar police. The police registered the case under Sections 316(2), 316(5) (criminal breach of trust), and 318(4) (cheating) of the Bharatiya Nyaya Sanhita.

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