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Directors arrested for arson to collect insurance

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Indian police have arrested two directors of SRS Meditech Ltd. for allegedly setting fire to the company's factory to collect 700 million Indian rupees ($10 million) in claims, Hindustan Times reported. The police said the two directors – Sayed Mujahir Askari and Singhraj – had purchased insurance for the factory's machinery, which not on the premises during investigations after the factory went up in flames in October 2018.

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