The Shivaji Nagar police have arrested seven persons who allegedly used forged documents to procure a home loan amounting to Rs 63 lakh from a private bank. The accused who had forged agreement documents and salary slips even opened a bogus bank account to withdraw the money disbursed.

On April 4, Kiran Sonje—manager of IDBI Bank’s Ambernath (East) branch—registered a complaint with the Shivaji Nagar police against Navi Mumbai resident Disha Pote who had  applied for a home loan to purchase a flat in Kamothe. The bank asked for the original documents including salary slips and Pote presented a registered sale deed agreement with Jayant and Tandra Bandhopadhyay on December 20, 2022. A team from the loan department checked the documents, conducted site visits and believed the documents and property to be genuine.