Updated On: 25 July, 2025 08:26 AM IST | Mumbai | Shirish Vaktania
According to the complainant, Devendra Nayak, 35, who works as a loan relationship manager at ICICI Bank in Thane, the accused posed as Brihanmumbai Municipal Corporation (BMC) employees to secure the loan of Rs 62,81,531 and defaulted

The incident occurred in 2003, between May and September. REPRESENTATION pic/ISTOCK
The Andheri MIDC police have registered a complaint against four individuals for allegedly fraudulently securing a loan of nearly Rs 63 lakh from ICICI Bank through online banking and defaulting on the EMIs.
According to the complainant, Devendra Nayak, 35, who works as a loan relationship manager at ICICI Bank in Thane, the accused posed as Brihanmumbai Municipal Corporation (BMC) employees to secure the loan of Rs 62,81,531 and defaulted.
Nayak said they received the loan applications through online banking from four individuals identified as Prafullata Chavan and Naresh Ramsingh, both residents of Thane; Atul Tiwari, a resident of Virar; and Krishna Tiwari, a resident of Santacruz, who all claimed to be BMC employees and also shared forged documents with the bank to secure the loan amount.