Four persons, including a couple, have been booked in two separate cases for allegedly cheating a state-run bank here to the tunes of Rs 1.2 crore by obtaining loan through means of fraudulence, police said today.
The two FIRs were registered yesterday based on the complaint filed by a senior officer of the bank's Retail Asset Hub (loan department) for duping it of nearly Rs 1.2 crore, said sub-inspector Ajay D Gangawane of Naupada police station.
According to the complainant, a couple from Dombivli - Swapnil Pandire and his wife Yojana, and one Sachin Rao had applied for loan to buy flat in the same building, constructed by 'Renaissance Infra Projects', owned by one Mohammad Ifaque Khan.
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"The couple and Rao received a loan of Rs 51 lakh each from bank's Domibvli branch by submitting forged documents. They had also got fake NOC (no objection certificate) made by the builder in connivance," the officer said, adding that Khan has been booked in both the cases in this regard.
The bank had carried out total due diligence and verification before disbursing the loan amount to the accused, which also included TDS purported to have been paid by the trio, Gangawane said, adding that the entire incident took place between March, 2015, and November, 2016.
Later, when the accused stopped paying monthly EMIs after some time, the bank looked into the matter and found that the documents submitted by them were forged and no such company Renaissance Infra Projects exists, the SI said.
The two cases were lodged under IPC sections 420 (cheating), 465 (forgery), 467 (forgery of valuable security), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document), he said.
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