Hanumanganj police have arrested nine persons including 3 bank managers, employees and agents of the bank got together by taking out loans in the name of a fake organization and cheated Rs 62 lakhs.
DCP Riyaz Iqbal said that the accused took beneficiary loans from the bank by making fake documents. In this, 25 percent of the loan amount does not have to be returned. The accused deposited some amount of the loan in installments to the bank. After that they stopped giving installments.
After giving 30 percent of the loan, if someone stops paying the installment, then the bank does not take any concrete steps. Because of this, the accused were not caught for so many years.
The DCP said that the forgery started from the year 2016. Its first complaint was made by Kanhaiyalal Dabi, a resident of Teelajmalpura. He lodged a complaint at the Hanumanganj police station that a fake loan was taken in his name from Syndicate (Canara) Bank in the name of a footwear business. Accused Jamna Prasad Chowdhary got this loan of Rs 7 lakh passed along with bank manager Devendra Sahu.
Following the complaint, a case was registered against Jamna Prasad Chowdhary, Manoj Tomar, Pramod Verma, Devendra Sahu, Abid and other associates. During investigation, documents submitted for the loan were also found fake. Bank manager Devendra Sahu gave 4 loans to a fake firm named Verma Traders without verification. Of these, 2 loans were given for the business of catering and tents and 2 loans for the business of footwear.
In this account of Verma Traders, a loan of Rs 16 lakh was taken from UCO Bank of Koh-e-fiza area and a loan of Rs 2.17 lakh was taken on the government's subsidy scheme. This branch of the bank is located at Lalghati Halalpur bus stand. Its manager Dulari Yadav conspired with accused Shankar and Bahar Miyan to commit this fraud. This amount was deposited in the account of Verma Traders through 7 demand drafts.
The arrested accused were identified as Devendra Sahu (Bank Manager), Jamna Prasad Chowdhary, Pramod Verma, Manoj Tomar, Mukesh Kumar (Retired Bank Manager of UCO Bank), Shankar Sao( Agent of UCO Bank), Bahar Mian Rais, Rajkumar Yadav and Luv Kumar.