A man was arrested for allegedly duping a reputed private bank to the tune of Rs 97 lakh by obtaining multiple loans using a fake salary slip. Police said by procuring multiple loans, the accused managed to dupe the bank to the tune of Rs 97 lakh.
The accused identified as Rajesh Sharma, used a fake name (Pradeep) and fake salary slip to obtain multiple loans - including personal, credit card and vehicle loans on high valued cars.
According to Sanjay Bhatia, the Deputy Commissioner of Police (DCP), Central district, based on a complaint received from the bank last month, a case was registered against Sharma under relevant sections of Indian Penal Code at Paharganj police station.
“Later, police managed to trace the hideout of the suspect and nabbed Sharma from his flat in G.B. Nagar, Noida Extension. Three vehicles were also seized from his possession,” the DCP said.
“During investigation, it was found that the accused had set up two companies — one in the name of UAI Services by his fake name Pradeep Sharma and another — Mindtree by his real name Rajesh Sharma. The employees of both companies obtained multiple loans from the bank including personal loan, auto loan and credit card loan. But all the loans availed by them were also transferred to accounts of both UAI Services and Mindtree,” the DCP added.
“But the bank found it suspicious when they checked the account and documents of both the companies and found out that the photo of Aadhar and PAN card which were used in loan application form of both Pradeep and Rajesh were the same,” said the DCP.
“Police have recovered both the Aadhar as well as PAN cards of the accused and are tracing the co-associates in the case,” he added.