India

Case registered against 33 in six crore fraud case from cooperative bank

Thane. In Thane district of Maharashtra, a case has been registered against 33 people for cheating a cooperative bank of over Rs 6 crore by submitting forged documents for taking home loan. The police gave this information on Tuesday. Based on a complaint lodged by an officer of the bank’s branch located in Kalyan city, the police on Monday registered a case under relevant sections of the Indian Penal Code (IPC), an official of the Khadakpada police station said.

The crime was allegedly committed by four builders, one real estate consultant, one housing loan consultant and the appraiser of the flat from 26 home buyers in 2021, he said. The official said that the real estate consultant allegedly provided fake documents for the home loan, while the builders increased the cost of the resale flat. (Language)

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