The CBI Court, Patna on 30/06/2025 sentenced three accused in a case related to Insurance Fraud in Oriental Insurance Company
FinTech BizNews Service
Mumbai, June 30, 2025: The CBI Court No.I, Patna, today i.e. on 30/06/2025 sentenced three accused including Ashok Kumar, the then AAO, OICL, DO-II, Bank Road, Jaitpur Kothi, Patna; Amrendra Kumar Mishra, the then Asstt., OICL, Division Office, Purnea, Bihar and Sameer Kant Jha, Insurance Agent to 3 years’ Rigorous Imprisonment (RI) with total fine of Rs. 67,000/- in a case related to Insurance Fraud in Oriental Insurance Company (OICL), as per a press release issued by the CBI today..
CBI had registered the case on 03.05.2005 against five accused including the then Branch Manager, (expired) OICL, Saharsa, Bihar; Ashok Kumar, the then AAO, OICL, DO-II, Bank Road, Jaitpur Kothi, Patna; the then DO, (expired) OICL, Saharsa; Amrendra Kumar Mishra, the then Asstt., OICL, Division Office, Purnea, Bihar; Mohan Mishra (Pvt. Person) (expired) on allegations that to cheat Oriental Insurance Company Ltd. to the tune of Rs. 50,000/- by using forged cattle policies in the false name.
During investigation, it was revealed that accused the then DO, (expired) OICL, Saharsa and Ashok Kumar, the then AAO, OICL, DO-II, Bank Road, Jaitpur Kothi, Patna issued the cattle policies in the false names of Ex. MLA, Supaul and one another for using forged documents and causing wrongful loss to the Oriental Insurance Company Ltd., Saharsa to the tune of Rs. 50,000/-.
CBI filed a charge sheet on 30.09.2005 against accused (1) Shiv Shankar Gupta (Public Servant), the then Branch Manager, OICL, Saharsa, Bihar (2) Ashok Kumar, the then AAO, OICL, DO-II, Bank Road, Jaitpur Kothi, Patna (3) Narendra Kumar Mishra, the then DO, OICL, Saharsa (4) Amrendra Kumar Mishra, the then Asstt., OICL, Division Office, Purnea, Bihar (5) Mohan Mishra (Pvt. Person) (6) Sameer Kant Jha, Insurance Agent.
Three accused (1) Shiv Shankar Gupta (Public Servant), the then Branch Manager, OICL, Saharsa, Bihar, (2) Narendra Kumar Mishra, the then DO, OICL, Saharsa and (3) Mohan Mishra (Pvt. Person) were expired during trial.
After trial, the Court found accused guilty and sentenced them accordingly.
