BANK DUPED OF RS 69 LAKH, ONE HELD; INSIDER ROLE SUSPECTED

The Gomtinagar police on Monday arrested a man who was allegedly part of a gang involved in duping banks by using fake documents to take loans.

Deputy commissioner of police (DCP, east) Sanjiv Suman said, “We have arrested one Naved Hasan for his involvement in duping bank of Rs 69 Lakh in form of loans using fake documents. Our teams are trying to identify other people involved with the accused in duping banks.”

The investigation in the matter began on the complaint of Kavita Rai who is branch manager of State Bank of India CSI Tower. The bank located in one of the most secured residential areas in the city was duped by the accused, who posed as owner of a showroom and gave forged account details to get loan from the bank. The accused also submitted fake IT return certificates along with other documents and posed as a businessman. He took loan of Rs 69.5 Lakh from the bank.

Based on the complaint, an FIR was lodged against the accused at Gomti Nagar police station, and a team was formed to investigate the matter. The team arrested Naved, who is said to be the mastermind of the gang, with help of local intelligence on Monday morning.

According to police the insider role in issuing loan to Naved cannot be ruled out. The police team investigating the case will also question the role of bank employees who were responsible for verifying the documents before clearing the loan.