Published On : Tue, Oct 18th, 2016

2 conmen dupe Vidarbha Konkan Gramin Bank of Rs 15 lakh in car loan deal


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Nagpur: Two con men systematically duped Vidarbha Konkan Gramin Bank, Khamla Branch, to the tune of Rs 15 lakh by forging car loan documents.

The accused Champalal Premlal Shahu, resident of Plot No. 30, Gharkul Coop Society, Beltarodi and Vinod Vishwanath Singade (46), resident of Old Oil Mill, near Ganeshpeth Bus Stop, approached the Branch Manager of Vidarbha Konkan Gramin Bank Rajendra Tare on 12.11.2015 and after winning his trust, submitted bogus documents for car loan. The Bank extended loan of Rs 15 lakh to the accused through a cheque in the name of Grace Toyota. The accused conmen opened an account at Central Bank of India, Wardha Road, in the name of Grace Toyota and encashed the cheque. And to show they have purchased the car, again submitted bogus documents to Vidarbha Konkan Gramin Bank and thus cheated the bank to the tune of Rs 15 lakh.

Pratapnagar PSI Gurnule, based on a complaint lodged by Ajay Arun Barbade (49), resident of Jayanti Mansion-4, Manish Nagar, has booked the two accused Champalal Premlal Shahu and Vinod Vishwanath Singade under Sections 420, 465, 468, 471, 34 of the IPC and investigating the matter further.