NEW DELHI: Five men were arrested for allegedly duping more than 500 people on the pretext of providing them benefits of lapsed life insurance policies, police said on Monday. The accused have been identified as Aakash (25), a resident of Madhubani district in Bihar, Amit Kumar (32), a resident of Tilak Nagar, Rahul Kumar (32), a resident of Narela, Samir (30), a resident of Gulabi Bagh and Akhilesh (25), a resident of Wazirpur.
One complainant, who works in a government hospital said he had one insurance policy of Rs 50 lakh some instalments of which were due, they said.