[Resolved]  Kotak Mahindra — Policy deposit by fraud & misguide

Address:

Uttar Pradesh

Sir,

With reference to the above mentioned subject, I want to attract your kind attention towards fraudulent behavior of some notorious persons who are swindling the innocent people by investing their money in various Private Life Insurance Companies. I am also a victim of this concoction.

On 15 November. 2011, when I was posted in Rewa (M.P.), an unknown person contacted me over cell phone. He introduced himself as “Rishabh Sharma ([protected])”, Head, Logging department, IRDA, New Delhi. He told that a benefit of Rs.137000/- had been declared on my ongoing ICICI Prudential Life policy. I ignored his call. Then he again called me and reminded me that some other person from his department had informed me two month back about this offer but I had rejected. Now an agent of some Insurance Company is going to claim for this offer because you have given him signed authority letter. Firstly I doubted him so he took me in conference and make me talk to his senior officer Mr. R.K. Desai ([protected]) at IRDA Bangalore. Who confirmed that the call was being made from IRDA only. Mr. Rishabh Sharma then added that “You can still claim for the benefit. But for this you have to purchase a policy of Rs.40000/- from any one of following Insurance Companies but remember tomorrow is last day for claim”.

1. Kotak Life Insurance
2. Birla Sun Life Insurance
3. HDFC Life
4. TATA AIG
5. Bharati AXA Life.

He assured that the invested money (Rs.40000/-) will be credited back in my a/c with above mentioned benefit of Rs.137000/- after 72 days. I agreed and next day Mr. Anand Shrivastava ([protected]) from Kotak Life Insurance visited me, completed formalities and collected the cheque of Rs.40000.00 on behalf of Kotak Life Insurance.

I got transferred to Varanasi(U.P.) and joined my duties at Varanasi on 21 November, 2011. Mr. Rishabh Sharma pursued me once again in second week of January’2012 and misled me to purchase one more policy from Kotak Life Insurance of Rs.99999.

On 15 May, 2012, when 72 days period completed, Sameer Malhotra ([protected]) , who was telling himself from IRDA fund department, rang me and said that the benefit which was committed by Mr. Rishabh Sharma Is ready to be credited in your account against the policies purchased by you. He demanded for BTC (Benefit Transfer Code) and Bank a/c number. I informed him that I have no BTC. Then he suggested me to contact my proposer i.e. Mr. Rishabh Sharma. I dialed Rishabh Sharma and demanded for BTC. Then he told me to further invest Rs.56000.00 to get BTC. Nothing to say how hard I faced arranging the money for all above mentioned policies the details of those are as following:

1. Policy name- Kotak Capital Multiplier Plan (UIN-107N011V01), Policy No. 02407308, Date of Commencement. 17.11.2011, Premium amount 40000.00, Policy Holder – Shashi Prabha Singh

2. Policy name- Kotak Assured Income Plan (UIN-107N069V01), Policy No. 02437850, Date of Commencement. 20.01.2012, Premium amount 99999.00, Policy Holder – Shashi Prabha Singh


After that Mr. Rishabh Sharma never responded my call. On 17 June, 2012 I received a call from Mr. Abhinav Kashyap ([protected]). He told that he is assistant of Rishabh Sharma. He said that the process to get the BTC went waste because you had not invested the money in desired amount. Rishabh Sharma is not available in New Delhi due to family problem. All pending files of benefit distribution are being forwarded towards RBI to be finalized. He demanded money in cash along with photocopy of PAN card, address proof & saving bank a/c no. through First Flight Courier at the address D/1092, Sector 63, Noida addressing to Mr. Sanjeev Kothari. Since I had invested a huge amount and did not want to lose that amount so I sent money in cash too at the desired address to invest in the policy.

On 29 June, 2012 Abhinav Kashyap further demanded money in cash by courier. But it was quite enough and was intolerable for me. I browse the net and felt very shocking to see that a number of such type of complaints including the complaint by Mr. Achal Tiwari, Lucknow were already lodged to IRDA. I enquired about the address at which courier was dispatched and found that also was fake. I trusted Rishabh Sharma & his ally in the name of IRDA but they with the conspiracy of Kotak Life Insurance Company Officials/Agents defrauded me and looted my hard earned money. I discussed with Abhinav Kashyap in detail over cell phone and recorded his voice. Two voice recordings in which he has accepted the receipt of the cash amount through courier are being attached with this for kind information.

The different land line and cell phones used in this cheating are as under.

Land Line Nos.
1.[protected], [protected], [protected], [protected], [protected], [protected]

Cell phone nos.
1.Rishabh Sharma – [protected], [protected], [protected]
2.R.K. Desai – [protected]
3. Sameer Malhotra – [protected]
4. Abhinav Kashyap – [protected]
5. Amit Agrawal – [protected]
6. Akhilesh Mitra – [protected]

As I mentioned earlier above mentioned investments have been made by conspiracy of Kotak Life Insurance Company and Agencies concerned. Because just after each call of Rishabh Sharma I received a call from Life Insurance Company agents / representatives stating that “It is informed by our H.Q. that you want to purchase a policy from our company. We are sending our representative for the formalities on such and such time”.

Since I have other liabilities and am not in position to pay such a huge amount as annual premium. Therefore I request you to kindly cancel both policies and recoup the invested money to me at the earliest and to take a strong action against the criminals involved in this racketeering in the name of IRDA in order to avoid further cheating with any other innocent in future. Otherwise I will be bounded to lodge FIR against the company representatives & agency concerned.


Thanks & regards

-A.B. Singh, Scientist-D
NIC, Commissioner Office
Varanasi(U.P.)
Cell-[protected]
e-mail. singh.[protected]@nic.in


To,




Sub: - Regarding fraud & racketeering in the name of IRDA.

Sir,

With reference to the above mentioned subject, I want to attract your kind attention towards fraudulent behavior of some notorious persons who are swindling the innocent people by investing their money in various Private Life Insurance Companies. I am also a victim of this concoction.

An unknown person contacted me over cell phone. He introduced himself as “Nitin Bhardwaj([protected])”, Head, Logging department, IRDA, New Delhi. He told that a benefit of Rs.185000/- had been declared on my ongoing ICICI Prudential Life policy. I ignored his call. Then he again called me and reminded me that some other person from his department had informed me two month back about this offer but I had rejected. Now an agent of some Insurance Company is going to claim for this offer because you have given him signed authority letter. Firstly I doubted him so he took me in conference and make me talk to his senior officer Mr. Rishabh Tripathi ([protected]) at IRDA Bangalore. Who confirmed that the call was being made from IRDA only. Mr. Rishabh Sharma then added that “You can still claim for the benefit. But for this you have to purchase a policy of Rs.35000/- from any one of following Insurance Companies but remember tomorrow is last day for claim”.

1. Kotak Life Insurance
2. Birla Sun Life Insurance
3. HDFC Life
4. TATA AIG
5. Bharati AXA Life.

He assured that the invested money (Rs.35000/-) will be credited back in my a/c with above mentioned benefit of Rs.185000/- after 72 days. I agreed and next day Mr. Ganshyam ([protected]) from Kotak Life Insurance visited me, completed formalities and collected the cheque of Rs.35000.00 on behalf of Kotak Life Insurance.

Same day After,Mr. Rishabh Sharma pursued me once again in second week of October ’2011 and misled me to purchase one more policy from Kotak Life Insurance of Rs.45000 Then release benefit 3.5 lakh with is 60days.


On 15 April, 2012, when 72 days period completed, Anurag Gupta ([protected]) , who was telling himself from IRDA fund department, rang me and said that the benefit which was committed by Mr. Rishabh Tripathi Is ready to be credited in your account against the policies purchased by you. He demanded for BTC (Benefit Transfer Code) and Bank a/c number. I informed him that I have no BTC. Then he suggested me to contact my proposer i.e. Mr. Rishabh Sharma. I dialed Rishabh Sharma and demanded for BTC. Then he told me to further invest Rs.30000.00 to get BTC. Nothing to say how hard I faced arranging the money for all above mentioned policies the details of those are as following:

1. Policy name- Kotak Capital Multiplier Plan (UIN-107N011V01), Policy No. 02377267, Date of Commencement. 4.10.2011, Premium amount 35042.00, Policy Holder – Achal Kumar Teweri

2. Policy name- Kotak Assured Income Plan (UIN-107N069V01), Policy No. 02392606, Date of Commencement. 20/10/2011, Premium amount 45020.00, Policy Holder – Achal Kumar Tewari


After that Mr. Rishabh Tripathi never responded my call. On January, 2012 I received a call from Mr. Suresh Nair ([protected]). He told that he is assistant of Rishabh Tripathi. He said that the process to get the BTC went waste because you had not invested the money in desired amount. Rishabh Tripathi is not available in New Delhi due to family problem. All pending files of benefit distribution are being forwarded towards RBI to be finalized. He demanded money in cash along with photocopy of PAN card, address proof & saving bank a/c no. through First Flight Courier at the address D/1092, Sector 63, Noida addressing to Mr. Sanjeev Kothari. Since I had invested a huge amount and did not want to lose that amount so I sent money in cash too at the desired address to invest in the policy.

The different land line and cell phones used in this cheating are as under.


Cell phone nos.
1.Rishabh Tripathi – [protected]
2.Unknow - [protected]
3. Nitin Bhardwaj – [protected]
4. Suresh nair – [protected]
5. Anuraj Gupta – [protected]
6. Atul Pathak – [protected]
7 unknow- [protected]
8 Vikram Chauhan [protected],[protected]
9 Chakravarti [protected]
10 Anil Bakshi- [protected]
11 unknow [protected]
12 Agent Archana Jha [protected]
13 Kotak Employee [protected]
14 Kotak local Agent support [protected]


As I mentioned earlier above mentioned investments have been made by conspiracy of Kotak Life Insurance Company and Agencies concerned. Because just after each call of Rishabh Sharma I received a call from Life Insurance Company agents / representatives stating that “It is informed by our H.Q. that you want to purchase a policy from our company. We are sending our representative for the formalities on such and such time”.

Sir, I complain many time, But Kotak Company & agent say , “15 Day free looking period is gone, This is your choice policy continue or lapse.

Please help policy amt Refund & any action Fraud Agent & supporting person.

Thanks & regards

Achal Kumar Tewari
14/626 Murad Ali Lane
Nai basti
Lucknow

[protected]
[protected]@rediffmail.com