Bank duped of ₹15.4 lakh

Sanctioned car loan on the basis of forged documents

The Indiranagar police are on the lookout for a man who allegedly cheated a private bank by availing a car loan using forged documents.

Based on a complaint by Anup Naik, who works in the bank’s CMH Road branch, the police have taken up a case of cheating and forgery against Bishal Sunar.

In his complaint, Naik said that Sunar claimed to be the employee of a bank in Mudhol in Bagalkot district. He had applied for a car loan in May 2019. The bank verified the documents he submitted and sanctioned a loan of ₹15.4 lakh.

The fraud came to light when the Sunar defaulted on the instalments. When the bank tried to contact him, his phone was switched off. After repeated attempts, bank officials crossed-checked his documents and realised that they had been forged.

“We’ve learned that Sunar, in the past, had duped another bank by availing a car loan with fake documents,” said the police.

Why you should pay for quality journalism - Click to know more

Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Feb 29, 2020 10:24:38 AM |

Next Story