Jansa Police Book Three Over Alleged ₹39 Lakh LIC Investment Fraud

Jansa police have registered a case against three men accused of pulling in more than ₹39 lakh from villagers on the promise of LIC investments, then handing out receipts and bonds that complainants say belonged to fake companies.

The first information report was lodged on Monday after the police commissioner’s office intervened on complaints that earlier petitions at the station had not moved. Station house officer Satyajeet Singh said the named accused are Ashok Kumar Sharma alias Munna, Krishna Kumar Singh alias Mukesh and Ritesh Kumar Singh alias Kariya, all linked to Beruka village. Police describe two of them as father and son.

According to the complaint trail, residents of Jalalpur, Mohammadpur, Badaura, Jhabra and Gangapur were told their money would go into Life Insurance Corporation policies. Instead, the allegation runs, the accused issued receipts and forged bonds from companies they claimed were connected to LIC and offered higher returns. Instalments and lump-sum payments allegedly added up to about ₹39.07 lakh. Villagers named in the papers include Dinesh Soni, a man identified as Khatai, Ramji Patel and others.

When maturity money was demanded, the accused allegedly stalled. On 26 July, villagers confronted Ashok Kumar Sharma and sought repayment. At a panchayat sitting, complainants say, the accused claimed the company had fled and no money would return. Abuse and threats to kill are also alleged. A written petition reached Jansa police on 28 July. When action did not follow to the villagers’ satisfaction, Ashok Kumar Patel, Rajkumar Kannaujia, Siyaram and others approached the police commissioner. The FIR followed that intervention.

None of the fraud, forgery or threat claims has been proven in court. The three men are accused persons, and the investigation will have to test the receipts, the payment trail and the sequence of complaints. What is on the police record as of this week is a registered case at Jansa, a stated sum of about ₹39.07 lakh, and a probe ordered after the commissioner’s push.

LIC’s name carries trust in village belts, which is why fake-policy pitches travel so far before victims compare notes. The Jansa complaint describes exactly that arc: years or months of instalments, maturity hopes, then a panchayat confrontation when money did not return. Whether the receipts were forged, and whether the three accused controlled the cash, are questions for the investigation — not facts to treat as proven.

The commissioner’s intervention is itself part of the public record. Villagers say a 28 July petition at the station did not produce a case; only after they reached the police commissioner did Monday’s FIR land. SHO Satyajeet Singh’s confirmation closes the procedural gap even as the evidential gap remains open. Arrests, if any, had not been announced in the same desk notes that reported the registration.

Banaras readers watching fraud desks this week will see the Jansa LIC case beside other money complaints across the commissionerate. Each stands on its own paperwork. This one is defined by three named accused from Beruka, a ₹39.07 lakh figure, a cluster of villages on the Jansa side, and a probe that began because the top office ordered the station to write the FIR.