The Economic Offences Wing (EOW) of the State Crime Branch on Tuesday arrested and forwarded a man to court here for taking a loan of Rs 1.08 crore from a bank producing false documents. The EOW also seized a four-wheeler, five mobile phones, a spy pen camera and cash of Rs 15,210 from the accused.
The accused, identified as Asutosh Mishra (34) of Chhapada under the Tirtol police limits in Jagatsinghpur district, was booked under Sections 420, 467, 468, 471, 406, 120-B of IPC.
The case came to light after the Chief Regional Manager of the Indian Overseas Bank (IOB), Bhubaneswar, lodged a complaint at the EOW office on May 9 this year, said Crime Branch DIG Rajesh Kumar.
In his complaint, the bank manager had informed that Asutosh availed credit facilities from the IOB, Rasulgarh branch to the tune of Rs 1 crore for Haldiram’s dealership business in two stages by falsely claiming to be the proprietor of a firm, PC Enterprisers, and falsely giving its address as plot no- 216 of Bomikhal in the city.
The accused had taken the amount in two stages on October 25, 2010 and July 4, 2011 by fraudulently mortgaging the property at plot no-435/1883 of Patia Mouza under the Chandrasekharpur police limits in the name of one Krushna Prasad Mishra as security, the report added.
The accused also availed a car loan for Rs 8 lakh on November 1, 2010 on the basis of forged and fabricated documents. later, he defaulted in repayment of loan, the DIG said.
During investigation, the DIG said, it was found that the aforesaid firm was actually in the name of one Smrutimayee Das, who was the original stockist for Haldiram’s products. The accused had also arranged a person, who impersonated himself as Krushna Prasad Mishra (who died in 1994), and stood as guarantor for Asutosh, the DIG added.