Economic Offences Wing (EOW) of Delhi Police has nabbed a man accused of cheating two businessmen to the tune of over Rs 13 crore in the name of providing them business loans worth hundreds of crores of rupees.
Accused Sanjay Sharma alias Sanjay Bhardwaj was nabbed from Udaipur on specific inputs by a raiding police team, said Mangesh Kashyap, DCP(IV) of Economic Offences Wing (EOW), Delhi Police, today.
An FIR was registered at EOW police station on December 17, 2014 on a complaint of Naresh Kumar Sharma, director of Balaji Group of companies based in Kutch (Gujrat).
The complainant stated that his brother Ramesh Sharma in a family get together in April 2012, was approached by relatives, Sanjay Sharma and Saket Sharma who offered to arrange loan to the tune of Rs 400 crore for their ailing companies through a company Global Financial Corporation claiming that they worked for it.
A meeting was held in Delhi, on May 3, 2012, in which a British national David Welham, Raj Malhotra alias Arun Sharma and an advocate Neeraj Gupta participated. Welham agreed to provide a business loan of Rs 400 crore for nine years on interest. This meeting was followed by another meeting in which Sanjay Sharma, Saket Sharma, David Welham, Neeraj Gupta, Raj Malhotra and Pooja Kakkar were present, the complainant said.
In this meeting the accused demanded a fee of Rs 20 crore for disbursement of loan. The complainant alleged that he paid Rs 12.07 crore as processing fee but the accused could not provide the loan of Rs 400 crore and started dilly dallying on one pretext or another and become untraceable, said the officer.
Previously another FIR was registered by EOW on the complaint of an Assam businessman Ashok Kumar Agarwalla, director of Win Power Marketing Pvt Ltd and Singhi Cables and Conductors Pvt Ltd, on September 19, 2009.
In his complaint Agarwalla stated that he had approached S S Capital and Financial Services and met Om Parkash Bhardwaj and his sons Sanjay Bhardwaj alias Sanjay Sharma and Saket Bhardwaj alias Saket Sharma, running the firm, at their office at Devli Road, Khanpur in Delhi.
The complainant was provided a total of 27 bank guarantees of a bank but when he submitted them, some of the bank guarantees were found to be fake.
However, the complainant was cheated to the tune of Rs1.09 crore by accused Sanjay Sharma and his other associates by providing fake forged bank guarantees. Investigation in the case is on, he added.
