A tip-off to the Vigilance Department of Western Railway has unearthed a major racket by hundreds of rail employees, who forged documents to take out marriage loans from JCCS Bank. The accused staffers took out loans, offered at a low interest rate by the bank for Western Railway employees, and either invested it for higher returns or used the money for other purposes. While some fudged the age of their minor sons for the loan, others created fake Aadhaar cards of non-existent children.

During the investigation, the Vigilance officers found out that many of the accused employees used the loan amount to open Fixed Deposit accounts at the same bank or other banks, for higher rates of interest. Besides forging documents, they used fake railway stamps to get the marriage loan. The Mumbai Vigilance Department busted the racket based on a tip-off and unearthed more than 120 fake loans. Officers learnt the involvement of several agents who helped the rail employees forge the documents.