Surat Woman Files Police Complaint Over Alleged LIC Policy Fraud
A 45-year-old woman residing at her parental home in Navsari has lodged a formal complaint with the Athwa Lines police station in Surat, alleging serious financial fraud and tampering involving her Life Insurance Corporation (LIC) policy. The complaint names her husband, his friend, and an unidentified LIC officer as accused parties.
Details of the Alleged Fraud
The complainant, identified as Monika Shah (45), has made startling allegations regarding the manipulation of her LIC policy. According to her complaint, the accused individuals used whitener to alter the nominee details on the policy documents and forged signatures to secure a loan of Rs 9.23 lakh against the policy. She further claims that the remaining amount of Rs 8.23 lakh was withdrawn after the policy reached maturity.
Background of the Case
Monika Shah married Manish in December 1999, and the couple has a daughter who currently resides in London. Due to ongoing marital disputes and alleged harassment, Monika has been living separately from her husband for the past three years. The separation appears to have triggered the events leading to the current complaint.
The LIC Policy in Question
Monika purchased an LIC policy worth Rs 5 lakh in the year 2000, utilizing her personal savings and jewellery. The policy was scheduled to mature in January 2025, with an expected maturity value of Rs 19.87 lakh. This substantial financial asset became the center of the alleged fraudulent activities.
Discovery of the Fraud
After leaving her husband's home, Monika repeatedly requested the return of her policy documents and other personal belongings, but these requests were allegedly ignored. When she eventually visited the Nanpura LIC office to inquire about her policy, she discovered that the policy amount had been transferred to a joint account held by the couple.
Through an RTI application filed with LIC, Monika learned disturbing details about the alleged tampering. According to the information received, her husband had replaced her father's name with his own in the nominee form using whitener, forged her signature, and obtained a loan of Rs 9.23 lakh in December 2021. She alleges that this loan amount was transferred to their joint account and subsequently withdrawn using forged signatures.
Additional Allegations
Monika's complaint contains further serious allegations. She claims that bank statements revealed that Manish's friend, Jayesh Shah, also forged her signature to withdraw the remaining Rs 8.23 lakh after the policy matured. This comprehensive alleged fraud scheme involved multiple parties and sophisticated manipulation of financial documents.
Police Investigation Underway
The Athwa Lines police station has registered the complaint and initiated an investigation into the matter. The case highlights concerns about financial security within marital relationships and the potential vulnerabilities in insurance policy management systems. Authorities are examining the documents and allegations to determine the appropriate legal course of action.
