3 held for duping finance firm of ₹20 lakh

One of the accused is an employee of the company

Three men have been arrested for allegedly duping a finance company of ₹20 lakh. One of the accused is an employee of the firm, the police said on Sunday.

Sunil Kumar (25) was working as a marketing agent at Leyland Finance Limited. Harish Dhingra (40) worked as a share broker, and Mohammad Sualeheen (28) is a dealer of old tyres in Jama Masjid, they said.

According to the police, a complaint was received stating that Sunil and his associates had fabricated documents of customers and obtained loans from the company for himself.

After getting the loans, the accused procured 28 scooters on ‘hire-purchase’ basis, said Deputy Commissioner of Police (South-East) Chinmoy Biswal.

A case was registered in this regard at Okhla Industrial Area police station.

During interrogation, Sunil disclosed the names of his associates, who were later nabbed by the police.

It was revealed that Harish was the mastermind behind the fraud and lured marketing agents of finance companies, who worked in automobile showrooms, and facilitated loans for prospective buyers, said the DCP.

Six vehicles have been recovered from their possession, he said.