Five member gang arrested by CCB for cheating senior citizen by forging her property papers to avail bank loans worth Rs.3 Crore

Pramesh S Jain & Yogesh K Porwar

The Economic Offence Wing of the Central Crime Branch on Friday arrested a gang of five people for cheating a senior citizen and forged her property papers to avail bank loan worth Rs.3 crore.

According to the police,the victim,was living alone in a duplex house in JP Nagar after her children relocated abroad.The victim wanted to join them and approached the accused to help her sell the property .

Assuring to help her the accused took the photo copies of the documents and fabricated and availed the loan worth Rs.3 crore using the forged papers.

The cheating came to light when the victim,received the notice to repay the dues.Shocked victim approached the Puttenahalli police on December 14.

The CCB took over the case and track down the accused based on the bank account transactions.The police have seized the documents used to avail the loans and freeze their documents .

Further investigations are on to ascertain the accused criminal background.