They would avail for loans by submitting forged documents; accused is a habitual offender and has several cases pending against her
They would avail for loans by submitting forged documents; accused is a habitual offender and has several cases pending against herThe Nandini Layout police have arrested a 35-year-old woman and her five accomplices for cheating financial companies by submitting forge documents and availing loans. The incident came to light when one of the victims, Sagai Mary, received a notice from her bank stating that she owed the bank a loan amount of Rs 17.3 lakh instead of Rs 8 lakh (which she had applied for). Based on her complaint, the police picked up Meena alias Malini, along with her five accomplices.
Nandini Layout Inspector Chandru said, "Meena, who runs a facility service, used to collect property documents from her clients, and would forge them to apply for loans in various banks." Mary had approached Meena to get her pan card made, and to her advice on getting a home loan. Meena assured her that she would get her a loan in no time and asked her to give her the required documents.
On a forged document, Meena replaced Mary's name with one of her accomplices', Roopa. She arranged for another accomplice as buyer and both approached the bank and convinced the officials that they were buyer and seller.
The accused managed to get a loan of Rs 17.3 lakh using Mary's documents, but gave her only Rs 8 lakh. Meena distributed the remaining amount among her accomplices Roopa, Ravish, Aftab, Junaid and Naveen.
"We have recovered five mobile phones and Rs 1.2 lakh in cash from Meena. Further questioning has revealed that Meena is a habitual offender, with similar frauds and cases pending against her in Sheshadripuram, Upparpet and Kalasipalya police station limits," Chandru said.
