Life Insurance Corporation of India [LIC] — fraud and 420 cheat case

Address:LIC Branch 913,kadi bhadar,, Dr Dadabhai Naoroji Rd, Mumbai, Maharashtra, Mumbai City, Maharashtra, 400001

Dear Sir,
I have been cheated by a fraud private money lender who took help of LIC officer to assign my policy on his name by forging my signature to validate the assignment form.Actually I had taken a small loan of 175000 by a private money lender by keeping my original LIC bond as a security on a condition that when I will return his loan amount I will get my original LIC bond back from him but now when I am trying to return his money and asking my LIC bond he is not returning and threatening me of harming me.I reported the same to the nearest police station to the money lenders house in DB Marg Police station butthe police is also not helping me and said its a civil matter so you go through court.I went to LIC to explain the same and to ask them to help me in solving the problem but they said the policy is assigned to the money lender (Mahavir C Shah) whereas the truth is I had never signed on any authorization form or any NOC for policy transfer as well as LIC never intimated me before assigning my policy to the third party.Top management is also involved as when I complaint about the matter in Lic head office which is in Marine Line, Zone 2, Mumbai then Tendulkar Madam who is replaced by Hemangi Nimbkar who sits on second floor and she has told me that my policy is submitted for surrender by Mr.Mahavir C Shah and as it is absolute assigned on Mahavir C Shah name which is not true because as per the status given to me by a policy agent in my home branch it shows that Policy is conditionally assigned on Mahavir C Shah name for a loan of 175000 which clearly proves the whole scenario/Fraud.Hence I would request you to please help me in the same to get my hard earned money back as I have already paid around 4, 80, 000 to LIC till date.
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Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
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I am receiving recorded call from LIC daily. I already have one policy from LIC and I am not interested in knowing more about LIC products. Please stop calling me. It is literally irritating.

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