Explaining the modus operandi, ASP (South) Anukriti Sharma said that the gang members used to target young individuals and, in some cases, killed them to claim life-insurance money.
The investigation also uncovered another fraudulent scheme involving a naval contractor from Ochira, who exploited online pharmacy bills to claim post-hospitalisation expenses.
The cybercrime unit of CB had registered a case in this connection under various sections of IPC and Information Technology Act on receiving a complaint from a city resident, Dillip Kumar Jalan.
The prime accused pulled off the scam after noticing that some policyholders did not claim their insurance amount even after the maturity of their policies.
