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Three booked for Rs 20 lakh loan fraud

The Gurgaon police have registered a case of fraud against three persons for forging property documents to procure a Rs 20 lakh loan from a bank.The trio in June 2010 had made fraud property ownership documents in their names and then produced the same in the Oriental Bank of Commerce's Old Gurgaon branch to procure a loan.

Updated on: Dec 16, 2012 01:13 AM IST
Hindustan Times | By , Gurgaon
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The Gurgaon police have registered a case of fraud against three persons for forging property documents to procure a Rs 20 lakh loan from a bank.
The trio in June 2010 had made fraud property ownership documents in their names and then produced the same in the Oriental Bank of Commerce's Old Gurgaon branch to procure a loan.

HT Image
HT Image

According to police, the bank approached the police only recently when it verified the documents and found them to be fake. “The bank has accused Satish Kumar, Surender Kumar Yadav and Joginder Kumar of committing a fraud. The trio paid EMIs for a few initial months, but later stopped the payments. When the bank tried to contact them, they were not to be found," said a police officer.

Robbery bid foiled, 5 arrested
The city police have arrested five men planning to loot a petrol pump in Sector 33.

On being investigated, the accused confessed that they had stolen more than 14 vehicles, including bikes and tractors, from Gurgaon in the past. All five were produced in a court which sent them to three-day police remand.

 
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