Chandigarh | Mohali woman booked for ₹15 lakh loan fraud

Police booked a Mohali-based woman for not repaying a ₹15 lakh loan to that she had taken from a bank in Sector 34, Chandigarh, to purchase a vehicle in 2016

Police booked a Mohali-based woman for not repaying a ₹15 lakh loan she had taken from a bank to purchase a vehicle in 2016.

Chandigarh police booked a Mohali-based woman booked for ₹15 lakh loan fraud (HT File)

The accused, identified as Sunita of Maya Garden, Zirakpur, purchased a Mahindra XUV 500 from Harbir Automobiles Agency in Industrial Area Phase 1 in December 2016 after availing a loan of ₹15 lakh from a Sector 34 bank.

However, she stopped repaying the loan and got the vehicle registered with the State Transport Authority (STA) of Gohana, Haryana, by forging the vehicle documents.

A case under sections 420 (cheating), 467 (forgery) and 468 (forgery for purpose of cheating) of the Indian Penal Code (IPC) has been registered at the Sector 34 police station.