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Family of 3 booked for fraud

Press Trust of India  |  Phagwara (Pb) 

police today booked a family of three and another person for alleged in Ahluwalia locality here.

The family of three got Rs 25 lakh loan from the local branch of Central by showing their returns which later turned out to be fake. The trio also did not return the loan, they said.



A case has been registered against the trio under sections 420 (cheating and dishonestly inducing delivery of property), 465 (punishment for forgery), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document) based on the complaint of branch manager R K Gupta, police said.

Likewise, another person got Rs 9 lakh loan from the same branch by presenting fake IT returns, and was booked under aforesaid sections, they said.

No arrests have been made so far, police added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Family of 3 booked for fraud

Punjab police today booked a family of three and another person for alleged fraud in Ahluwalia locality here. The family of three got Rs 25 lakh loan from the local branch of Central Bank by showing their income tax returns which later turned out to be fake. The trio also did not return the loan, they said. A case has been registered against the trio under IPC sections 420 (cheating and dishonestly inducing delivery of property), 465 (punishment for forgery), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document) based on the complaint of branch manager R K Gupta, police said. Likewise, another person got Rs 9 lakh loan from the same branch by presenting fake IT returns, and was booked under aforesaid IPC sections, they said. No arrests have been made so far, police added. police today booked a family of three and another person for alleged in Ahluwalia locality here.

The family of three got Rs 25 lakh loan from the local branch of Central by showing their returns which later turned out to be fake. The trio also did not return the loan, they said.

A case has been registered against the trio under sections 420 (cheating and dishonestly inducing delivery of property), 465 (punishment for forgery), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document) based on the complaint of branch manager R K Gupta, police said.

Likewise, another person got Rs 9 lakh loan from the same branch by presenting fake IT returns, and was booked under aforesaid sections, they said.

No arrests have been made so far, police added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
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Family of 3 booked for fraud

police today booked a family of three and another person for alleged in Ahluwalia locality here.

The family of three got Rs 25 lakh loan from the local branch of Central by showing their returns which later turned out to be fake. The trio also did not return the loan, they said.

A case has been registered against the trio under sections 420 (cheating and dishonestly inducing delivery of property), 465 (punishment for forgery), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document) based on the complaint of branch manager R K Gupta, police said.

Likewise, another person got Rs 9 lakh loan from the same branch by presenting fake IT returns, and was booked under aforesaid sections, they said.

No arrests have been made so far, police added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22