Sunil Lohan
Two men posing as techies of reputed companies allegedly cheated a nationalised bank by obtaining loans using forged salary slips,fake bank statements and fabricated employment records two years ago .
The fraud came to light nearly two years after the loans were sanctioned when the borrowers defaulted on repayments.
According to complaints filed by an Assistant Manager of the (State Bank of India (SBI),of the Nationalized bank,Air Cargo Complex Branch at Kempegowda International Airport,the accused had approached the bank claiming to be employed with reputed private companies and submitted forged documents to establish their creditworthiness.
In the first case,an accused claimed to be employed with (Tata Consultancy Services (TCS) ) leading Tech company and drawing a monthly salary of Rs.1,01,541.
To support his claim,he allegedly furnished salary slips for July and August 2023 along with purported ICICI Bank account statements.
Based on the documents submitted, the bank sanctioned a loan of Rs.15 lakh on January 30,2024.
In the second case,another accused claimed to be working for an another leading Tech company ( infosys ) and earning a monthly salary of Rs.1,09,974.
He allegedly submitted salary slips covering the period from August 14,2023,to February 8, 2024,along with ICICI Bank statements and other supporting documents.
Based on these records,he too obtained a loan of Rs.15 lakh from the bank on February 22, 2024.
The fraud remained undetected until both borrowers allegedly defaulted on their loan repayments.
During a subsequent verification exercise,bank officials found discrepancies in the documents submitted by the accused.
A detailed scrutiny reportedly revealed that the salary slips, employment records and bank statements used to secure the loans were forged.
The complaints state that the accused deliberately fabricated employment and income documents with the intention of misleading the bank and fraudulently availing loans.
Police have registered cases under the Bharatiya Nyaya Sanhita (BNS), 2023,relating to cheating, forgery,criminal breach of trust and the use of forged documents as genuine.
The police suspect negligence on part of the bank officials who failed to do the due deligence and folow Standard procedure to check the documents proofs before sanctioning the loan .
The police have registered two separate FIRS against Guttua Venkatarao and Pavankumar Yelavarthi charging them under criminal breach of trust,cheating and forgery for further investigation.
The police also examining whether the accused acted independently or were part of a larger network involved in creating fake salary documents,forged bank statements and fabricated employment records to obtain loans from financial institutions.
