Fake bank employee held for cheating people

Sanjay R Pandey, who posed as an employee of a well-known private bank, to dupe people to the tune of lakhs of rupees, was arrested by the Andheri police on Sunday.

Sanjay R Pandey, who posed as an employee of a well-known private bank, to dupe people to the tune of lakhs of rupees, was arrested by the Andheri police on Sunday.

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The 32-year-old has been arrested on charges of fraud and forgery.

Three complaints against Pandey were registered till Sunday. Dharmesh Pandya, one of the complainants and a real estate investor by profession, said: “I was introduced to Pandey by a common acquaintance. He posed as a wealth manager associated with the ICICI bank and said that four flats confiscated by the bank from defaulters were to be auctioned. I was interested in the deal. As per the procedure for auction, I made three separate payments of Rs6 lakh, Rs18 lakh and Rs14 lakh respectively. I lost the money and didn’t get the flats too.”

Another complainant Ashok Musle claimed that to repay his loan, he gave Pandey a cheque of Rs3.5 lakh in favour of the bank. However, using some chemicals, Pandey allegedly erased the name of the payee and deposited the amount to his own account.

A spokesperson of the bank said: “Sanjay Pandey is not an employee of the bank, he fradulantly posed as an agent of ICICI Direct, the bank is fully cooperating with the police in this matter.”