Written by: Express News Service
2 min readNew DelhiNov 8, 2011 06:26 AM IST
First published on: Nov 8, 2011 at 06:26 AM IST
Police have arrested a 27-year-old man for allegedly cheating more than 50 people through promises of providing them easy bank loans. Identifying the accused as Rahul Kaushal,a resident of Harsh Vihar,police said he had worked with the loan department of a multinational bank before losing his job to the recession.
The matter came to light when police received a complaint from Shiv Dutta Sharma,alleging that a man — claiming to be an executive of HDFC Bank,Connaught Place — had called him on his mobile phone to talk about a personal loan of Rs 1 lakh. He allegedly took some cheques and cash from the complainant,before going into hiding.
Elaborating on the matter,Deputy Commissioner of Police (South) Chhaya Sharma said,“The complainant was taken in by the fake ID cards and documents produced by Kaushal. He gave him two signed cheques amounting to Rs 8,000,a blank cheque and Rs 1,000 in cash before disappearing.”
When the complainant checked his PNB bank statement,he found that Rs 4,300 had been withdrawn from his account through cheque. Realising that he had been cheated,he filed a complaint at the Fatehpur Beri police station.
Going by information provided by Sharma,police nabbed the accused from his residence in Harsh Vihar. When questioned,Kaushal revealed that he had the required knowledge of loans because he used to work with a bank that specialised in providing multiple solutions and financial assistance to people. He had reportedly decided to start a loan racket after his job was terminated during the recession.
“The accused collected nearly Rs 1 lakh from various people through blank cheques obtained for providing easy loans. We are investigating further to check if Kaushal was involved in any previous crimes like this,” the DCP said.
The police recovered two mobile handsets,four SIM cards,five ATM cards,five bank account books,three bank passbooks,HDFC loan forms and visiting cards from his possession.
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