Three held for siphoning-off crores using fake cheques | delhi | Hindustan Times
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Three held for siphoning-off crores using fake cheques

delhi Updated: Dec 29, 2011 01:10 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Three members of a gang have been arrested for allegedly being involved in siphoning-off crores of rupees by encashing forged cheques of private companies.

The accused have been identified as Rajpal from Haryana, Sagar from Najafgarh in Delhi and Aman Tiwari from Agra.

DCP (south) Chhaya Sharma said the gang used to cheat big companies and would siphon-off huge cash from their bank accounts, using fake cheques.

Rajpal and Sagar were apprehended while trying to encash a forged cheque amounting to Rs8,100,000 at the Vasant Vihar branch of ING Vysya Bank.

"The two were also involved in a previous case of encashing a fake cheque worth Rs2,250,200 from the same branch. They revealed that they used to collect forged cheques from Aman Tiwari of Agra. Tiwari was arrested when he came to receive the amount, withdrawn by Rajpal and Sagar," police said.

The police said Rajpal and Sagar had even opened a forged current account in the name of Yogesh Trading Company, using fake documents and IDs.