Bank loan racket busted, 3 held

The police in Burdwan
district today claimed to have busted a racket that used to take Kishan Credit Card (KCC) loans from a gramin bank in the name of unsuspecting individuals furnishing false documents.
Superintendent of Police SMH Mirza said three persons -- a sweeper of the gramin bank and two brokers -- were arrested in this connection while search was on for four others, including the bank manager and a lawyer who had identified fake loan applicants.
The cheating came to light when loan recovery agents came to the house of one Asgar Ali in Jamalpur and asked why he was not repaying the loans he had taken from the bank.

Ali in his FIR said he was shown bank documents revealing he had taken KCC loan of Rs 2.7 lakh in two instalments but had not taken those loans.
Ali had applied for a KCC loan but his plea was rejected as he had taken another type of loan against some property in 2010, the FIR said adding he had filed this loan application through a broker named Sanjay Mitra.
The police came to know in course of investigation that, like Ali, loans were taken in the name of six other persons too from the same bank, the SP said.

The police arrested Mitra, another broker Samir Adak and a sweeper of the bank Pradip Patra efforts were on to arrest the other suspects, he said.