Millennium Post

Three bank executives under scanner for loan fraud: EOW

New Delhi: The role of three bank executives are under scanner in connection with a loan fraud case. The case was registered by Economic and Offences wing of Delhi Police on the complaint of a private bank official.

The complainant said that the bank had suffered a loss of approximately Rs 4.24 crore. Additional Commissioner of Police (EOW) Suvashis Choudhary said that they have registered a case in this regard and investigation is going on.

According to police, a complaint of one Amit Sahni, Risk Management and Control, HDFC Bank was received alleging therein that bank has identified 62 personal loans and 38 credit cards with an outstanding amount of Rs. 4.24 crore which was disbursed and issued to various individual customers of Delhi.

According to police, these customers initially opened their saving accounts and thereafter applied personal loan and credit cards which were introduced and sourced by sales executives on the basis of forged employment credentials and other forged documents.

"During the enquiry, it has been found that loans were obtained from HDFC bank on the basis of fake salary certificate and employment credentials of MCD schools and offices. Therefore, a case under sections 420/468/471/120-B of IPC at EOW police station has been registered and investigation has been taken up," police said.

The complainant in the case named three bank executives allegedly involved in the case.

"Their roles are suspected in the commission of the offence," the complainant told police adding that the bank is also making internal investigations with respect to other accounts which were sourced by staff.

"We have strong apprehension there could be more cases of similar nature where frauds have been committed by the same set of fraudsters," the complainant told the police.

E-Rickshaw scheme fraud

A case of cheating on the pretext of the e-rickshaw scheme was registered with EOW in which the complainant said that investors were duped of more than one crore rupees.

Police said that three persons including the director of the private company were booked for the offence.

"More than two lakh rupees were deposited in the bank as the first instalment for the scheme. The suspects told the complainant that through invested money two e-rickshaw will ply and Rs 300 will be paid regularly (every day) for 25 days, " police said adding that for few months, money was given but later the suspects stopped giving the amount.

Next Story
Share it