Archive · 4 Oct 2025
Ex-Bajaj Allianz Employee Arrested in Pension Scheme Fraud
Imagine a man named Ashish who used to work at an insurance company.
He tricked an older lady, Lalita, into giving him money by promising her a pension.
He told her that if she paid him, she would receive money later.
Lalita paid him about seven lakh rupees, but he kept the money.
The police caught Ashish and arrested him because he had done this before to other people too.
Now, he is in trouble for stealing money from senior citizens by using a fake pension scheme.
Ashish Tiwari, a former Bajaj Allianz employee, was arrested for fraud.
The victim, a senior citizen named Lalita Malhotra, was cheated out of ₹6.94 lakh.
Tiwari allegedly lured Malhotra with a pension scheme.
Malhotra made payments through Google Pay to Tiwari's account.
Tiwari has been involved in similar cases before and had been fired.
- Who
- Ashish Tiwari, a former Bajaj Allianz employee, and Lalita Malhotra, a senior citizen.
- What
- Tiwari was arrested for allegedly cheating Malhotra out of ₹6.94 lakh.
- When
- The fraud occurred between December 2023 and February 2025; the arrest happened recently.
- Where
- Mumbai, India.
- Why
- Tiwari lured the victim with a pension scheme and diverted her money to his personal account.
- Suspect
- Ashish Tiwari
- Age of Suspect
- 34
- Victim
- Lalita Malhotra
- Victim's Age
- 69
- Amount Cheated
- ₹6.94 lakh
- Modus Operandi
- Pension scheme fraud
- Police Station
- Bangur Nagar Police