39 booked in cheating case
As many as 39 persons including an automobile dealer have been booked on the charge of cheating the Bank of Maharashtra, Dombivili branch to the tune of Rs. 3.78 crores by obtaining loan for purchase of vehicle, the police said today.
An offence has been registered with the Dombivili police based on the complaint by the Chief Manager with the zonal office of the Bank at Thane N A Dusane. The Chief Manager was taking care of monitoring and recovery of loans of the bank and in September 2013. It was observed that the outstanding of the vehicle loans were too much in the Dombivili branch of the bank.
It was revealed that in 2012 one Sunil Madalkar had taken a loan of Rs.14 lakh from the bank for the purchase of Innova car. The said amount of loan was credited to the account of the Mauli Automotive. For this, he had submitted fake quotations and documents for loan approval.
Mr Madalkar neither presented the purchase paper nor RC book by the RTO. With the help of owner of the Mauli Automotive, Nitin Parmand Dongre, had connived and duped the bank to the tune of Rs. 14 lakhs in this case.
After deep investigation it was found that in the same manner 37 more persons had also cheated the bank under the garb of purchasing the car and obtained loan from the bank, police added.
(Posted on 22-05-2014)