4.7 Crore Home Loan Fraud Revealed in Gurugram Man's Complaint


A complaint by a resident to a public sector bank regarding misuse of his KYC documents has revealed a major home loan fraud involving at least eight loans. 4.79 crore, the police said on Sunday, adding that these loans were obtained on the basis of forged property deeds.

Investigators revealed that fraudulent loans were obtained from the DLF Qutub Plaza branch in Gurugram using fake properties for immovable properties in Delhi (HT pic).

Investigators revealed that fraudulent loans were obtained from the DLF Qutub Plaza branch in Gurugram using fake properties for immovable properties in Delhi. Thirteen suspects obtained the loans between August 2020 and September 2021, a period marked by the CoVID-19 pandemic. Eight of the suspects posed as a married couple, while the other five acted as individuals.

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The fraud came to light when Manish Kumar, a resident of Gurugram, lodged a written complaint with the bank, said a senior police officer aware of the matter. Kumar alleged that his KYC documents have been misused to secure his documents. 53.5 lakh home loan from Qutb Plaza branch against a property in Delhi.

“Following the complaint, senior officers of the bank's Delhi-NCR regional office asked the concerned branch to conduct a strict audit of all loans, especially home loans taken for properties in Delhi,” the officer said on condition of anonymity. Told on the condition of doing.

According to the bank's complaint, during the audit, it was found that 13 persons had submitted fake property documents to get loans. Physical verification of properties in Delhi's Vikas Puri, Pasam Vihar, and Shalimar Bagh revealed that the rightful owners never sold their flats to the suspects, who faked ownership to get loans, the officer said. What was the claim?

Investigators said the bank officials also took help from the Delhi government's registry office and obtained the original deeds and found that they did not match the ones they had, after which it became clear that a large-scale fraud had taken place. has happened and the procedure of the accused was the same.

Further investigation, including cooperation with the registry office of the Delhi government, confirmed the fake works. This revelation forced Qutb Plaza Branch Chief Manager Syed Abdul Khader to file a formal complaint on April 24, 2023. A thorough inquiry was conducted by the Economic Offenses Wing (EOW) of the Gurugram Police, which led to the registration of an FIR. Sections 120B (criminal conspiracy), 420 (fraudulent and dishonestly conveying property), 467 (forgery of valuable security), 468 (forgery with intent to defraud) and 471 (genuine use) against the 13 suspects. (Hoe) on Saturday at DLF Phase-II Police Station fake Indian Penal Code document).

Station House Officer (DLF Phase-II Police Station) Inspector Shahid Ahmed said that the EOW is handling the investigation. “Action will be taken against the suspects by the EOW,” he added.

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