The Economic Offence Wing (EOW) of the State Crime Branch on Thursday arrested a woman for allegedly committing a fraud to the tune of Rs 3 crore.
The arrested woman has been identified as Sanghamitra Gowda, wife of a city-based businessman Deepak Gowda.
Reports said Sanghamitra has allegedly sold a piece of land four times. That apart she has obtained loans from different banks, private financial institutions and individuals by mortgaging the same piece of land.
After complaints, the High Court had ordered her arrest. In the same case, her husband has been arrested earlier by the EOW. Sources said Sanghamitra and her husband had availed a Cash Credit (CC) loan of Rs 250 lakh from IDBI Bank, which later became a non -performing asset (NPA) and the bank auctioned the property after issuing notices to the couple.
However, the couple mortgaged the same property with a private financial company and availed a loan of Rs 84.5 lakhs. Deepak again sold the property to Vinod Bihari Majhi and others.
While Deepak was arrested before, the EOW arrested Sanghamitra on Thursday.
The EOW has booked the accused under Sections 467, 468, 471, 420, 120(b) of IPC.