The Kapurwadi police from Thane in Maharashtra has arrested a person from Uttar Pradesh who cheated the Shamrao Vithal Cooperative Bank of along with a private individual of altogether Rs. 27 lakh.
Pretending to buy Mr. Bhagwar’s flat, the accused had given him a token amount of Rs. 2.50 lakh for the housing unit costing Rs. 42.50 lakh. By means of fake bank papers Mr. Bhagwat pretended to have secured a loan for the remaining amount.
In addition to that Giri had made a fake PAN card, electricity bill and fake a photograph of an unknown person on the sale deed agreement of Bhagwat’s flat. These documents were then submitted to the DHFL Bank for securing a loan of Rs 36 lakh.
On that basis the accused was able to open a savings account at the Naupada branch of the Shamrao Vithal Cooperative Bank. The loan cheque had then been released and encashed. Following this fraud Giri left for his home town in Uttar Pradesh.
