Published On : Mon, Oct 8th, 2018

Couple defrauds Syndicate bank with Rs 15 lakh against car loan

Nagpur: A couple has allegedly duped Gandhibagh branch of Syndicate Bank to the tune of Rs 15 lakh in car loan fraud. Ganeshpeth police have booked the accused identified as Swapnil Jaikumar Dixit,Punam Swapnil Dixit,bothe residents of Plot No. 52, Congress Nagar.

Police sources said that accused applied for a loan of Rs 15 lakh to purchase a car – BMW 320 in May this year. The couple allegedly submitted forged documents and credited the loan amount in their fake bank accounts As the accused defaulted installments, the bank officials conducted an inquiry and unearthed the fraud.

On the basis of complaint given by Branch Manager Ashish Indrachandra Prasad (35), Ganeshpeth police booked the accused under Sections 420, 406, 465, 467, 471, 472, 473, 474 and 34 of the Indian Penal Code.