Four booked for cheat­ing banks, builders of ` 51L

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - NAVI MUMBAI - HTC

Four peo­ple have been booked for al­legedly cheat­ing banks of Rs51 lakh on the pre­text of tak­ing home loans.

The po­lice said the cul­prits would book a flat pay­ing a few lakh ru­pees. They would then ap­ply for home loans at dif­fer­ent banks for the same flat with bo­gus doc­u­ments.

“T hey would al s o open ac­counts at dif­fer­ent banks in the builder’s name. So fi­nally when the loans are sanc­tioned, the money comes to bo­gus ac­counts opened by them and not to ac­tual builder’s ac­count,” said a po­lice of­fi­cer from Kharghar po­lice sta­tion.

“The ac­cused cheated sev­eral builders and banks in the past few years. The gang is op­er­at­ing at dif­fer­ent places of Navi Mum­bai as well as Mum­bai,” the of­fi­cer said. The po­lice have reg­is­tered a case un­der sec­tions 420, 465, 467, 468, 471 and 34 of the In­dian Pe­nal Code (IPC).

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.