The Economic Offences Wing (EOW) of Delhi Police has arrested a man for impersonating three different persons for allegedly taking loan of Rs 6.70 crores from financial companies.

The accused has been identified as Sunil Anand who impersonated Deepak Babbar, Nitin Sharma and Sanjay Awadh before the banks for opening bank accounts in which the cheated loan money was transferred.

According to Dr O P Mishra, the Joint Commissioner of Police, EOW, the complainant Rita Babbar alleged that she had given her house on rent to Rahul Sharma, Sachin Sharma and Mange Ram Sharma in 2014.

“Thereafter, on the expiry of the rent agreement in 2014, the trio entered into another lease deed till 2016. In July 2016, Rita’s husband received a telephone call from Cholamandalam Investment and Finance Company Limited where they stated that Rahul Sharma has taken a loan amounting Rs. 2.25 Crore against the security of the property,” said the Joint CP.“Rita also discovered that besides the above mentioned loan, the trio had also obtained loan of Rs. 2.19 Crores and Rs 2.25 Crores from Axis Bank and Reliance Home Finance Ltd respectively against the same property in March-April 2015,” said the Joint CP. “A under relevant sections of Indian Penal Code was registered at EOW police station and investigation was taken up. During investigation, police team found that the accused Sachin Sharma in criminal conspiracy with his father Late Mange Ram Sharma and other accused persons had prepared three parallel forged chains of title documents of the property,” said the Joint CP.

“On investigation, it was also observed that one unidentified person has impersonated Rahul Sharma, younger son of deceased accused Mange Ram Sharma. The KYC documents of Rahul Sharma were forged by replacing the photo of real Rahul Sharma with a photo of fake Rahul Sharma. The impersonator was identified as Sunil Anand,” said the Joint CP adding that the accused Sunil has been arrested and further investigation is going on.