Man kills younger sister for ₹1 crore insurance payout, stages car crash

| 29 Jan 2025 6:01 PM IST

An Andhra Pradesh man was arrested on Tuesday for murdering his younger sister for an insurance payout.

The incident took place nearly a year ago in the Podili area of Prakasam district while the real estate businessman was facing significant debt.

According to the police, Malapati Ashok Kumar Reddy had planned to insure his sister for ₹1 crore with various providers before killing her.

He planned to stage her death as an accident in order to claim the insurance money. A report by The New Indian Express indicates that the 30-year-old had spent months planning his crime — taking out insurance policies worth ₹73 lakh worth in November 2023. This was in addition to existing policies totaling ₹1.13 crore in his sister's name.

Tags: Andhra PradeshPodiliPrakasam

Categories: National

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