Callers dupe real estate developer out of Rs 1.2 crore

A real estate developer from Ahmedabad has filed a complaint with Cybercrime police, alleging that he was duped out of Rs 1.29 crore by three individuals. The developer was tricked into paying the money by being promised full maturity payouts on insurance policies for which he had only paid single premiums. The fraudsters posed as officials from the Integrated Grievance Management System (IGMS) of IRDAI and convinced the developer to pay various charges and taxes. The developer filed a complaint for breach of trust, cheating, and criminal conspiracy.