ICICI officials accused of duping rural customers, fraudulently selling insurance schemes


The News Minute reports:
"If I lose the money, it will lead to a situation where we will have to die." These are the words of Pyarelal Dangi, a farmer in Rajasthan who was allegedly duped by officials at ICICI and fraudulently sold an insurance policy, when he thought his money was going into some sort of savings scheme - such as a fixed deposit. In the words of Pyarelal, ICICI officials put half his money into a fixed deposit and gave him the documentation.
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