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Navi Mumbai couple booked for Rs 29 lakh bank fraud using forged property papers

The accused allegedly secured a Rs 30 lakh home loan in 2014 by mortgaging a flat in Nerul. Verification later revealed that the title documents submitted were forged and nearly identical for both banks, suggesting deliberate deception

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The couple first availed a R28.50 lakh loan in 2014. Representation pic/istock

The couple first availed a R28.50 lakh loan in 2014. Representation pic/istock

Kalachowkie police have registered an FIR against a Navi Mumbai couple for allegedly cheating a cooperative bank of Rs 29.28 lakh by mortgaging the same flat to two banks using forged property documents. The case came to light nearly a decade after the loan was sanctioned.

The accused allegedly secured a Rs 30 lakh home loan in 2014 by mortgaging a flat in Nerul. Verification later revealed that the title documents submitted were forged and nearly identical for both banks, suggesting deliberate deception.

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