New Delhi: The four-man gang was arrested for allegedly utilizing a rs 20 lakh car loan through a bank in the area of ​​Vikaspuri West Delhi by using fake and false documents, police said on Thursday.
The police identified members of the gang captured as Rajeev (32), Azhar Khan (32), Ravi Sharma (27) and Shakti Rawal (32).
This loan is available on behalf of Shakti while Rajeev acts as a mediator.
Two of them, Rajeev and Azhar, were found previously involved in 12 cases of bank fraud throughout the city, they said.
Assistant General Manager, Bank of Baroda, West Delhi filed a written complaint at the Vikaspuri police station in April this year after their question revealed that all office addresses and residences provided by the defendant were found fake, police said.
In his complaint, bank officials accused the defendant had taken a car loan of Rs 20 Lakh from their Vikaspuri branch based on documents found fake and falsified.
A team consisting of sub-inspectors (SI) Vikas Sahu, Head of Pantan Pantan and Constable Sandeep formed under the supervision of Vikaspuri Station House officers, Inspector Mahinder Singh Dahiya, to investigate this case.
A senior police officer said, “This loan is approved by the Bank based on SPT and housing documents and other offices of the borrower.
During the investigation, we found that the tax invoice and insurance copy delivered by borrowers accused were false.” “During further investigation, It was revealed that the defendant was not at the address provided.
All addresses and documents were delivered while utilizing loans also false.
The cellphone was found to be turned off because these numbers were issued on fake IDs, “the officer said.
The Deputy Commissioner of Police (West) Urvija Goel said the defendant also opened an account with another bank on behalf of KVS Automobiles Pvt Ltd in Gautam Budh Nagar to receive a loan amount.
However, it was also found Bogus because there were no companies or showrooms like that at the address provided.
After receiving the loan amount, the defendant did not buy any car and even pulled all the numbers through the ATM or made him transferred on another account.
“During a further investigation, it was also revealed that a total of 12 cases of fraud and fraud had been reported by the Bank of Baroda in various Delhi police offices.
On the basis of intelligence and with the help of technical assistance, one of which was the defendant down and the four defendants were tracked and arrested in This case, “he said.
Police said the car worth Rs 30 Lakh, RS.
2.5 lakh cash, three i-telephones, laptops and copies of fake documents used to utilize loans have been confiscated from them.