Gurgaon: The police have ordered a partner for allegedly deceiving private banks by making their account statements with banks to get Rs 2.5 Crore-Home loans.
They didn’t even register the flat they took the loan, the police said.
During an internal investigation, the bank found that there were no records of transactions shown in the account report delivered by a partner and it was fake.
After complaints by the Director of the Serious Fraud Investigation Office (SFIO) under the Ministry of Corporate Affairs, the police have now ordered Amit Tyagi and his wife Princyanga Tyagi.
According to the police, the couple gave loan sanctions from Manusar branch from a private bank in April 2019 to buy a flat housing.
The loan is subject to sanctions based on a replacement program based on the average balance managed by a partner in their account with the bank between April 2018 and March 2019, but the couple allegedly falsified the document.
On November 2020, the branch manager received an email from another.
People who say that the account statement submitted by the pair may not be original.
“During the investigation, we found that the party, with the intention of the Fide to get a loan feasibility, which was subject to sanctions under the replacement program, has submitted a false and artificial account report, with fake transactions,” the bank said in it complaint.
With incomplete property registration, the bank, officials said, also could not start taking back loan money through monthly installments.
The Bank warns The Reserve Bank of India (RBI) about fraud and a case registered at the Manesar IMT police station under the IPC 420 (cheating), 468 (forging documents), 471 (using forged documents) and 120B (criminal conspiracy)).