Delhi Police arrested a 45-year-old man who forged property documents to dupe banks in Ashok Vihar area of North-west Delhi. According to the police, the accused has been identified as Ram Narain. Narain prepared many sets of the original title documents of Bansal’s flat and had procured loans of approximately Rs 4 Crores from different Banks on the basis of forged documents.
Police said that on July 29, 2010, a complainant, Rakesh Bansal, reported that Ram Narain along with his associates had cheated him after they prepared forged conveyance deed of his property and mortgaged the same with State Bank of India (SBI) in 2006 for getting a loan of Rs. 1 Crore. He further alleged that he rented out his property to Sandeep Aggarwal through registered rent agreement in 2006. Accused Ram Narain also stayed with Sandeep Aggarwal in his premises.
According to the police, in order to trace the culprits, they formed a special team. During the course of investigation, they obtained all the relevant documents from the Sub-Registrar Office of DDA and SBI.
Police found that accused Ram Narain claimed himself to be a proprietor of M/s S.K International and had been maintaining a current account of his firm with SBI.
By requesting to avail overdraft limit facility, Narain managed to procure a loan of Rs 1 Crore on the basis of forged documents of above mentioned property. Thereafter, Narain remained absconding.
Based on specific information, Ram Narain was apprehended outside Tis Hazari Court. During sustained interrogation, he revealed that he along with Sandeep Aggarwal, got the forged conveyance deed of Bansal’s property prepared through one Dori Lal, a document writer, and
procured loan Rs 1 Crore from SBI. From the amount of Rs 1 crore, Narain had bought a DDA flat.