The Economic Offences Wing (EOW) of Crime Branch on Thursday claimed to have cracked a series of bank frauds involving father, mother and son.
In most of the cases, the trio had deployed identical tricks – submission of forged documents to seek loans and become defaulter subsequently.
The EOW arrested Keshab Chandra Das, his wife Pushpa Renu Das and their son Soumitra Das from Aparna Nagar under Chauliaganj Police limits.
Police suspect that the family members could be involved in frauds related to more than five to six banks. The amount involved in the fraud could be more than Rs. 1 crore.
According to EOW, the accused had taken a loan of Rs. 20 lakh from State Bank of Bikaner and Jaipur’s Cuttack Branch in two phases but started defaulting the repayments.
When bank started investigating reasons of default, details of cheating came to the light.
In 2003, Keshab and Pushpa had availed a house building loan of Rs. 14 lakh the bank after submission of necessary documents supporting their application.
Six years later, son Soumitra applied for a loan of Rs. 6 lakh from the same bank for setting up an automobile shop at Manguli Square. Within a year, he stopped repaying.
The bank lodged a complaint with EOW in 2012.
There is preliminary report that the three have cheated more number of banks, verification of which is underway.
The trio would be produced before a local court soon.