Gypped them under the guise of hiring their premises for installing Citi ATMs
Crime Branch of Delhi Police has busted a racket of cheats involved in cheating unsuspecting landlords on the pretext of hiring their premises for installing ATMs of Citibank NA. Police have arrested one Basant Sharma.
According to police, a complaint was received regarding misuse of Citibank brand and forgery of the bank’s letterhead. Gaurav Sharma who claimed to be Area Sales Manager, contacted the victim for leasing out floor space to Citibank. Gaurav had asked the above individual to pay an amount of Rs 25,000 as processing fees per ATM and the complainants have also shown the letter of intent which was provided to by Gaurav. On examination, the documents were found fabricated and the same were not found issued by Citibank, the aforesaid Gaurav was not an employee of Citibank. During investigation, it was revealed that a cheating racket was being run by Gaurav along with the Basant.
During interrogation, it was revealed that Basant and Gaurav had cheated many on the pretext of hiring their premises for installing ATMs of Citibank NA. They would approach potential landlords impersonating as Citibank officials. They would assure them that they could get the property hired at a lucrative rent if the landlord paid them Rs 1 lakh as commission.