The Economic Offences Wing (EOW) of Delhi Police has arrested a man for allegedly taking three home loans worth Rs 6.70 crores by forging the documents of a house that he had taken on rent in one of the post localities in east Delhi.
Police said that the accused identified as Sachin Sharma was arrested on Tuesday and produced before the court.
According to Dr O P Mishra, the Joint Commissioner of Police, EOW, the matter came to notice after owner of the property approached police and registered their complaint against the accused.
“In her complaint, the woman alleged that in 2014, she had given her property at Surajmal Vihar to Rahul Sharma, Sachin Sharma and Mange Ram Sharma on rent and on its expiry in 2016, both Rahul and Sachin Sharma entered into a lease deed with her and continued to reside as tenants at her property,” said the Joint CP.
“In July 2016, the complainant's husband received a call from officials of a finance firm informing them that Rahul Sharma had taken a loan worth Rs. 2.25 Crore against the security of her property and that he is untraceable,” said the Joint CP.
“She also discovered later that besides the mentioned loan, Rahul, Sachin and Mange Ram Sharma in connivance with others had also obtained a loan of Rs. 2.19 Crores and Rs 2.25 Crores from a bank and another from finance company respectively against her same property in March-April 2015,” said the Joint CP.
“Based on her complaint, a case was registered and during investigation, it surfaced that accused Sachin in conspiracy with his father Mange Ram Sharma and other accused persons had prepared three parallel forged chain of title documents of the said property at Surajmal Vihar,” he said.
“The accused persons also prepared fake Death Certificate in the name of one Rita Babbar to take one of the home loans. Both Mange Ram Sharma and Rahul Sharma took home loans from a bank as well as from two finance company. While Mange Ram passed away in 2015, the home loan taken from one of the finance Company was disbursed,” the Joint CP said.
“During investigation, the analysis of bank accounts of Mange Ram Sharma revealed that accused Sachin was operating the accounts of Mange Ram Sharma who died in 2015. Sachin had withdrawn the loan money from the bank accounts of deceased,” he said,