Businessman arrested for cheating LIC

The Sultan Bazaar police on Wednesday nabbed a 38-year-old businessman for forging his own death certificate to claim insurance. Police also arrested his wife A Ushasri, while two of his associates are absconding.

The accused was identified as A. Ravi Shankar Sarma, a resident of Gangastan in Dhollapally here.

Based on a complaint from P.P. Rama Rao, Branch Manager, LIC of India, Putlibowli branch, a case was registered against Sarma and his wife.

Police said that the couple discharged their death claims during their lifetime by submitting fraudulent death certificate and managed to get sanction for the insurance worth ₹ 14 lakh.

The cheating came to light when the couple approached the Chaitanyapuri branch of LIC to claim another life insurance by submitting fake death certificate, police said.source : thehindu

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