Indian Military Veterans
Some veterans’ associations have cautioned against certain firms and individuals cheating serving and retired armed forces personnel by claiming to be agents of the Army Group Insurance Fund (AGIF).
The alleged fraudsters have been asking officers to issue checks of amounts varying between Rs 10,000 to Rs 50,000 in the name of a Noida-based firm, which promises to facilitate claim settlements or grant of loans. Veterans have pointed out that the AGIF does not appoint any agents and nor does it have any tie up with any firm or individual for conducting its business.
All transactions are processed directly to the beneficiary’s bank account on receipt and scrutiny of complete documents. The particulars of ant firm or individual claiming to be an AGIF agent can be forwarded to AGIF headquarters.
— Vijay Mohan
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