Man arrested for trying to cheat bank

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Press Trust of India Berhampur (Odisha)
Last Updated : May 11 2014 | 12:45 PM IST
A man was arrested for allegedly taking loan from a bank by producing fake land documents in Odisha's Ganjam district after the bank lodged FIRs against 36 people levelling similar charges.
Manager of State Bank of India's Talasingi branch Nirdosha Behera yesterday lodged FIRs against 36 people with Digapahandi police for taking loans producing fake land documents.
Police said it is suspected to be a major bank fraud running into Rs 1.22 crore.
Police arrested Kailash Behera of Kaithada village, on charges of taking a loan Rs 4.97 lakh from the bank in 2006 to buy tractor by producing fake land documents.
Behera was charged under Sections 420 (cheating), 468 (forgery for cheating) and other provisions of IPC, said Inspector In-Charge of Digapahandi police station, Suresh Kumar Tripathy.
Inquiry is on in other cases and action would be taken against the guilty, he added.
The complainant said the fraud came to fore after the bank crosschecked the papers with respective sub-registrar and tahasil offices. The offenders are mostly from Digapahandi, Sanakhemundi, Chikiti and Berhampur, he said.
The loans were taken under the government's subsidy scheme for procuring tractors. "We are verifying documents of other borrowers," he added.
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First Published: May 11 2014 | 12:45 PM IST

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