The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Gujarat

In order to defraud the LIC, the doctor and his wife were sentenced to 7 years in prison

by TLAteam January 6, 2023January 6, 2023
written by TLAteam January 6, 2023January 6, 2023
In order to defraud the LIC, the doctor and his wife were sentenced to 7 years in prison

Pankaj Modi (65), and his wife Meenaben (55), were given prison sentences by the Surat Chief Judicial Magistrate court for defrauding Life Insurance Corporation of Rs. 2.01 lakh by faking his death using forged documents.

Business News

Dr. Pankaj Modi was a member of the medical staff at the Katargam branch of the LIC in Surat.

He had signed up for three policies with the LIC, each worth Rs. 75,000, Rs. 50,000, and Rs. 25,000, and had been paying the premiums since 2000.

Meena Modi, his wife, filed an insurance claim with the Katargam branch on October 2, 2002. She also included the following documents: Pankaj Modi’s death certificate from the Ankleshwar Nagar Palika, the panchnama of the accident, the postmortem report, and the medical treatment certificate from the Jayaben Modi Hospital in Ankleshwar. Meenaben claims that Pankaj Modi, her husband, was killed while receiving treatment for injuries sustained in an accident. Meenaben’s reports led to the LIC releasing her the Rs. 2.01 lakh claim payment.

The fraud was discovered when a LIC officer from the Katargam branch visited Dr. Modi’s home in January 2003 for official business and was shocked to see him still alive.

Dr. Pankaj Modi admitted to his wrongdoing, wrote a letter of apology to the LIC, and returned the Rs. 2.01 lakh death benefit plus interest.

The couple was detained by Mahidharpura police after they were accused of cheating on LIC on February 23, 2006, but they were later released on bail.

The couple was arrested by the police under several IPC sections, including 465, 120(b), and 406 (criminal breach of trust) (criminal conspiracy).

Judge D S Thaker found Modi and his wife guilty on Wednesday after hearing arguments from both sides. Judge D S Thaker stated in his decision that Dr. Pankaj Modi held a responsible position as a panel doctor with LIC. He claimed that they had committed official misconduct by creating their fake death certificate and other reports, and he had sentenced them to seven years in prison.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat newslatest news
0 comment
previous post
Vintage car rally to the Statue of Unity in Gujarat has begun
next post
12 E-Commerce Sites Are Requested To Stop Selling Chinese Manja

You may also like

Het Joshi, Enrolled via Shala Praveshotsav, Becomes Doctor

June 29, 2025

Gujarat to Launch All-Women Drone Squad Under SHE...

June 29, 2025

Heavy Rainfall Floods Low-Lying Areas in Surat; Relief...

June 28, 2025

Gujarat HC Virtual Hearing Shocker: Man Joins from...

June 27, 2025

Smart Study on a Student Budget: Free and...

June 27, 2025

Ahmedabad Jagannath Rath Yatra 2025: Lord Sets Out...

June 27, 2025

Sitharaman reviews GIFT IFSC’s progress, interacts with market...

June 27, 2025

Thousands Gather to Witness Lord Jagannath’s Reappearance Before...

June 27, 2025

Heavy Rain Lashes Saurashtra, South Gujarat; IMD Issues...

June 27, 2025

Gujarat Rath Yatra: Chaos in Ahmedabad as Elephants...

June 27, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • Het Joshi, Enrolled via Shala Praveshotsav, Becomes Doctor

    June 29, 2025
  • Gujarat to Launch All-Women Drone Squad Under SHE Team

    June 29, 2025
  • Vantara Steps In After Rath Yatra Chaos Elephants Given Medical and Behavioural Care Post Procession Incident

    June 29, 2025
  • AMC to Build ₹51 Crore Sports Complex in Vastral, Completion by August 2025

    June 29, 2025
  • Water Tanks Collapse at Ahmedabad Apartment Raises Structural Safety Concerns

    June 29, 2025
January 2023
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Dec Feb »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.