The Economic Offences Wing (EOW) of Delhi Police has nabbed a 45 year-old man who allegedly used to swindle grain merchants and banks in guise of exporter. Police said that the accused used to receive goods but never made payments.
The accused has been identified as Rakesh Singh, a resident of Gurugram. Police said that a manhunt has been initiated to nab the remaining accused identified as Jyoti Chaudhary and Harbind Singh.
According to Dr O P Mishra, the Joint Commissioner of Police, EOW, an First Information Report (FIR) was registered on the complaint of Lakshmi Vilas Bank, Kalkaji Branch wherein it was alleged that in the year 2015 a company, Jiya Agro Private Limited through its directors Jyoti Chaudhary and Harbind Singh had availed cash credit facility of Rs 2.50 crores .
“In 2016, the credit facility was enhanced to Rs 3.25 crores. During a legal audit in 2018, it was discovered that a sale deed in the possession of the bank was forged. Guarantor Neeta Rani Gupta is untraceable and is not available at the given address of Vikas Puri. KYC documents of Neeta Rani Gupta were also found forged,” said the Joint CP. “During enquiry, officials of the complainant bank and other people informed that it was Rakesh Singh who had been handling the affairs of the alleged company and he is the prime conspirator. All the three accused persons i.e. Jyoti, Harbind Singh and Rakesh Singh had been absconding ever since registration of the case,” said the Joint CP.
“On September 20, specific inputs were received regarding Rakesh Singh following which a police team arrested him from his hide-out in Gurugram,” said the Joint CP.
“Rakesh represented himself to be an experienced and renowned exporter. Thereby he induced the grain merchants and exporters to deal with him. He received the goods and did not make them payments,” said the Joint CP.
“Rakesh is also found involved in several cases of fraud and cheating registered in Delhi, Uttar Pradesh and Punjab. He is also found involved in a rape case registered in Delhi’s Hauz Khas police station,” said the Joint CP.