x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Jammu getting its due share of inclusive development under Omar Abdullah-led Government: RL Gupta | National Conference afraid of defeat, avoiding Panchayat Polls in J&K: LoP Sharma | MLA Arvind Gupta inaugurates development works worth Rs 65 lakh in Jammu West | BIS raids jewellery outlet in Amritsar; 95 gold jewellery articles weighing 467.44g seized over Hallmarking violations | Reasi police intensify anti-narcotics drive | Distirct police Reasi inspects fertiliser & chemical shops; directs installation of CCTV cameras | Strong law and order and uninterrupted power supply under Yogi Govt give business a new boost | Show-Cause Notice Issued After Chhattisgarh Woman IPS Officer Fires AK-47 During Dussehra Ritual | India Stands For Peace | Chemicals in Festive Foods: A Dangerous Gamble with Human Health | Basohli Utsav: Celebrating Heritage | Crescent School Shines at Speedball Championship | SJVN is organizing 29th Inter CPSU Carrom Tournament | 72 lakh voters ready, but no poll date: J&K’s Panchayat election mystery | Ladakh Panchayat polls on Nov 21 | Delay in court replies won’t be tolerated : Govt warns officers | Amit Shah slams opposition, says protests will achieve nothing | HC main wing to close in Srinagar Oct 31 | J&K to witness dry weather till October 31 | 250-bed maternity hospital awaits site finalisation in Anantnag: CM Omar | India will support every meaningful effort to bring peace to Ukraine, West Asia: PM Modi | J&K Bank net profit rises 10% to Rs 546 crore in September quarter | Man sets stepmother ablaze | 2 OGWs arrested in Baramulla | Man held for pasting anti-national posters | Back Issues  
 
news details
Fake documents, fake SBI account: Ex-woman banker chargesheeted in insurance scam
8/1/2026 10:43:07 PM
Early Times Report

Jammu, Aug 1: The Economic Offences Wing (EOW) of the Crime Branch Jammu has filed a chargesheet against a former female employee of ICICI Prudential Life Insurance for allegedly orchestrating a sophisticated insurance fraud involving forged documents and the fraudulent withdrawal of over Rs 10.75 lakh.
The chargesheet has been filed before the Court of the 3rd Additional Munsiff Judge, Jammu, in connection with FIR No. 02/2013, registered under Sections 420 (cheating), 467 (forgery of valuable security), 468 (forgery for the purpose of cheating) and 471 (using forged documents as genuine) of the Ranbir Penal Code (RPC). The case was initially registered at Police Station Gandhi Nagar and was later transferred to the Crime Branch for a detailed investigation.
According to Crime Branch officials, the case originated from a complaint lodged by Deepak Bhat, Branch In-charge of ICICI Prudential Life Insurance Co. Ltd., Jammu. The complaint alleged that the accused, Parul Sharma, a former employee of the company, fraudulently surrendered a life insurance policy by using forged documents and diverted the policy proceeds amounting to Rs 10,75,742.95 into a fake State Bank of India (SBI) account opened in the genuine policyholder's name.
Investigators also found that similar attempts had allegedly been made to fraudulently surrender two other insurance policies using forged documents. The Crime Branch investigation revealed that the accused had allegedly procured duplicate policy documents, fabricated surrender forms and opened a fraudulent SBI account by impersonating the genuine policyholder through forged documents. The surrendered policy amount was subsequently transferred to the fake account through the NEFT banking system.
Officials said the investigation was backed by documentary records collected from SBI and ICICI Prudential Life Insurance, witness statements and forensic examination conducted by the Forensic Science Laboratory (FSL). The evidence, according to investigators, established the accused's involvement in executing the fraudulent insurance claim, causing financial loss to both the insurance company and the policyholder while securing wrongful monetary gain.
Following the completion of the investigation, the Crime Branch filed the chargesheet before the competent court for judicial proceedings.
Meanwhile, the Crime Branch has advised citizens to remain vigilant against financial and insurance-related frauds and urged victims of economic offences to report such cases to the SSP, Crime Branch EOW Jammu. Complaints can also be submitted through email or by contacting the Crime Branch helpline.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU