Ing Vysya Life Insurance Co. — Misappropriation of Rs. 50000/- given for Renewal premium

Address:

Kapurthala, Punjab

Respected Sir,
Sub:- Representation against employees of ING VYSYA, Kapurthala branch, Punjab who have made forged receipts of Rs. 50000/- and misappropriated my policy renewal amount.
It is respectfully submitted as under:-
1. Most grieved, I beg to state that I am a policy holder of ING VYSYA Life Insurance Co. ltd, holding policy no: 01522257.
2. That I had handed over Rs. 50000/- in cash to Mr. Vikas Sharma (Ex. CSD, Ing Vysya, Kapurthala Branch, Punjab) on 02/06/2010 as renewal premium of my above said policy.
3. That Mr. Vikas Sharma told me that Rs. 50000/- couldn’t be deposited as cash instead he will make a DD on my behalf and will deposit the same which will take some time, and he told me to come after sometime for the receipts.
4. That after about an hour I reached the Kapurthala branch. There was no one in the branch except the peon who handed over me two receipts in my name bearing acknowledgement nos: 24414875 and 24414881 of Rs. 49734.00 and Rs. 266.00 resp. The same are annexed here as Annexure 1 and Annexure 2. Both the receipts were signed and having original seal of the Kapurthala branch.
5. That after a couple of months i.e. in October - 2010, I received a message on my mobile number +[protected] regarding my premium which was due till date.
6. That I went to Kapurthala branch along with the above said receipts, I made a complaint regarding this to Branch Manager, ING VYSYA Kapurthala bearing complaint ID 28830 dated 19th October, 2010. The same is being annexed here as Annexure 3.
7. That I was completely astonished to see that on enquiry it was found that the above said receipts were bogus receipts and were a result of fraud committed by branch employees with me. It came into my knowledge that the above said receipts were made by manipulating the receipts which are annexed here as Annexure 4 and Annexure 5.
8. That till date no action has been taken by company against the culprits and even I am being harassed as I didn’t receive my money back from ING VYSYA nor my policy number 01522257 is updated with the premium of Rs 50000/- deposited by me.
9. That I feel so that it is not the negligence of the higher officials of the Company rather it seems that the higher officials are also involved in this fraud and it all has been done under the proper guidance of the higher authorities.
10. That many such cases have come into light of the branch head, as I am not the only person affected financial loss and mental agony, many other innocent policy holders of ING VYSYA Life Insurance Co. were facing such financial problems with Kapurthala branch. I feel ING VYSYA is not secured Co.
11. That a strict action be taken against the victim at the earliest and the financial loss occurred to me and other policy holders be recovered as soon as possible, so that Justice should be done at priority.
Thanks and regards
Mukesh Kumar
Dashmesh Colony, Santpura
Backside Water Pump,Kapurthala, Punjab-144601
Policy No: 01522257
Mob:[protected] Email: [protected]@hotmail.com