42-yr-old man held for duping banks on forged documents
The Economic Offences Wing (EOW) of Delhi Police has arrested a 42year-old man for availing loan on forged documents from several banks. Police said that the accused, who is presently lodged in Tihar prison in another similar case, has involvement in six cases of fraud and cheating registered in Delhi and Ghaziabad.
The accused has been identified as Deepak Kumar Malhotra. According to O.P. Mishra, joint commissioner of police, EOW, a complaint was received from Phoenix ARC company that Karnataka Bank had sanctioned OD credit facility of `2.50 crore to Mukesh
Kumar on June 21, 2012 against the equitable mortgage of the entire built up in Vikaspuri.
“The said credit facility was declared NPA on May 1, 2014. Subsequently, the bad loan was assigned to Phoenix ARC which also discovered that Union Bank of India has also disbursed home loan of `1.10 crore on October 16, 2015 against the 3rd floor of the said property to Deepak Malhotra,” said the Joint CP.
“Further, during investigation, it emerged that accused Mukesh Kumar had also taken a loan of `1.80 crore in the name of his firm Elite Enterprises from South Indian Bank in Janakpuri against the very same property by submitting a parallel original chain of title documents,” said the joint CP.
“During investigation, it was revealed that Deepak Kumar Malhotra filed an objection application before west district court claiming himself to be the tenant in the mortgaged premises concealing the fact that he has purchased the property from Mukesh Kumar. The EMIs of Deepak Malhotra were also paid by Mukesh Kumar,” said the joint CP.
“The accused Deepak got prepared a second PAN card in his name to conceal his previous track record as defaulter and got sanctioned the present loan on the basis of new PAN,” said the joint CP.
“Deepak Kumar has been formally arrested in Tihar Jail after taking permission from the court. The accused Deepak and his mother failed to pay the outstanding amount of `2,15,05,217/. When representative of complainant company reached at the property, some other persons were found residing in the property, who also filed their claims as owner of the property in DRT proceeding. Further it also came to their knowledge that the property is also mortgaged in Central Bank of India,” said the joint CP.
◗ POLICE SAID that the accused, who is presently lodged in Tihar prison in another similar case, has involvement in six cases of fraud and cheating registered in Delhi and Ghaziabad