Cloth presser acquired a mortgage of 4 crores, forgery of 100 crores from such banks

Highlights: A relative who pressed garments acquired a mortgage of 4 crores by taking the papers of different’s property and used to do it in collaboration with the financial institution staff forgery Most of the loans have been handed from Punjab National BankGhaziabadGhantaghar Police in connivance with the financial institution officers handed crores of mortgage on different’s property Lakshya Tanwar and his 2 accomplices have been arrested. They used to move loans many instances greater than the worth of the property. So far, many banks have been defrauded of greater than Rs 100 crore. Kotwali in-charge Amit Kumar advised that Sunil Kumar and his son Shivam have been arrested together with the goal. Along with this, a case was registered in opposition to the then supervisor of Punjab National Bank (PNB) department Utkarsh Kumar and deputy Priyadarshini. Both are out after getting bail from the High Court. He advised that Lakshya was committing fraud since 2013. The rip-off has been achieved in collaboration with the managers and different officers of many banks. In the case during which the police have arrested Lakshya. In it, he had acquired 2 loans of Rs 2 crore every handed within the title of his relative Sunil. Sunil presses the garments. This mortgage was taken from Ramprastha department of PNB. Before getting the mortgage, Lakshya had taken his 2 properties within the title of Sunil and took it to get a mortgage within the title of serving to within the marriage of his daughter. Where he acquired a mortgage by telling him the proprietor of the property. Surprisingly, the entire worth of each the properties was round Rs 1 crore, however a mortgage of Rs 4 crore was handed on it with the connivance of financial institution officers. Shivam, arrested within the case, had filed a case in 2020, however he has been arrested after his position within the investigation was discovered suspicious. The station in-charge advised that within the investigation of this case, the senior officer of the financial institution is shocked that how the mortgage was made thrice greater than the worth of the property? He advised that together with PNB, many different banks are additionally concerned on this. According to the police, there are 22 property associated instances on the goal. He principally focused folks from posh areas. He used to get folks’s property to be offered. For this, he used to drive in a luxurious automotive and used to magnify his profile. He used to take paper to promote the property and later, in connivance with the financial institution officers, used to get the mortgage of crores handed on it. Similarly, he has additionally handed a mortgage of 10 crores. The mastermind of property fraud grew to become like this, based on the data, the goal was doing small works until 2013. After 2013, he acquired in contact with some officers of the financial institution. After that he began forgery. In the start, he used to get such loans of others during which there was an issue with the financial institution. Later on getting good recognition contained in the financial institution, he began enjoying the sport of crores. .