Four booked for loan scam in Ambala

(Representative image)(Representative image)
AMBALA: Baldev Nagar police have booked four persons – Rakesh Kumar Agarwal, Rajesh Bhatia, Vishal Saini and Umesh Kumar for committing loan fraud to the tune of Rs 30 lakh in the name of two Ambala residents.

Rakesh is a senior manager at the Baldev Nagar branch of Canara Bank. Another accused Vishal died in November last year. As per the case, the accused took a loan of Rs 30 lakh from Canara Bank in the name of the Sanjay Saini and Neelam Saini after producing documents of a fake firm.

The complainant, Neelam, told cops that one of her relatives Vishal, who died in November last year asked her husband Sanjay to invest in a business. “Vishal arranged a meeting of my husband with Rajesh, who told that he had links and can help us in getting loan to starting a business. Later, Rakesh and Vishal, along with two others, forged documents and got the loan cleared in our name,” the complainant said.

[“source=timesofindia.indiatimes”]