Police nabs two for operating fake insurance company in Hyderabad

The arrested men Bellary Pavan Kumar (27) and Soudri Basavaraj (27) started a fake company ‘Chola MS General Insurance Company Limited' and set up a call centre.

Hyderabad: Two persons were arrested by the Hyderabad Cybercrime police for allegedly cheating public by operating a fake insurance company.

The arrested men Bellary Pavan Kumar (27) and Soudri Basavaraj (27) started a fake company ‘Chola MS General Insurance Company Limited’ and set up a call centre. Both of them had gathered the database of Cholamandalam MS General Insurance Company and started contacting the policy holders asking them to renew their policy.

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“The executives provided bank account details to the unsuspecting victims to pay the amount and collected the amount from them,” said Additional CP (crimes) A V Ranganath.

On a complaint, the police booked a case and are investigating.