The Special Judge for CBI Cases, Ahmedabad (Court No. 07) has pronounced judgment in a two-decade-old insurance fraud case, sentencing two accused to five years' Rigorous Imprisonment along with a cumulative fine of ₹17.2 lakh.
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The convicted persons, Hasan Abu Soni, Partner of M/s. Marks Chemical &amp; M/s. S.R.J Associates, and Sanjay Ramesh Chitre, Surveyor/Loss Assessor, were found guilty of criminal conspiracy and forgery in connection with fraudulent insurance claims.
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The case, registered by CBI on January 30, 2003, unveiled a conspiracy involving a then-Senior Divisional Manager of New India Assurance Co. Ltd. (NIACL), Navsari Division, who allegedly colluded with the convicted accused to sanction insurance claims based on forged documentation. The fraudulent actions resulted in a cumulative loss of ₹9.35 lakh to NIACL across two policies.
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The prosecution's case, supported by testimonies from 38 witnesses and 255 documentary exhibits, established charges of criminal conspiracy, cheating, and forgery. The charge sheet, filed on June 24, 2005, detailed the systematic manipulation of insurance claims through forged documents.
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The verdict underscores the judiciary's stern approach toward white-collar crimes involving insurance fraud and criminal conspiracy within public sector insurance entities.

Ahmedabad city civil and sessions court (file photo)

Special CBI Court awards 5-year RI for fraudulent claims through forged documents in Navsari case

Insurance Fraud: Two Sentenced in ₹9.35L NIACL Scam

Special CBI Court awards 5-year RI for fraudulent claims through forged documents in Navsari case

January 17, 2025 | 10:02 IST