4 booked in Gurugram for defrauding bank of Rs 58 lakh by forging papers

GURUGRAM: Four family members have been booked for forging the property documents of their deceased grandfather and making a fifth person impersonate him for taking a Rs 58 lakh loan from a private bank by mortgaging his plot.
Police said the grandfather owned an empty plot in Sector 12, over which a case is ongoing in court. The suspect took advantage of the situation to prepare forged documents of the land and showed their house was on it for taking the loan.All the accused are presently evading arrest.
Complainant Saras Kumar, a cluster credit manager, told police that one of the accused, Pankaj Sharma, represented himself as the proprietor of a seed company to avail of the loan in April last year. His co-borrowers, Hemant Kaushik, Sukhwati Devi, and Kiran, provided the forged property documents against the loan. "The accused, to grab the loan amount, concealed facts and cheated the bank by creating forged documents and presented someone else as their deceased grandfather," the complainant told police.
The SHO of Civil Lines police station, inspector Poonam Kumari, said, "We have registered a case against four persons and started an investigation." An FIR has been filed under IPC sections 120B (criminal conspiracy), 419 (cheating by personation), 420 (cheating), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating) and 471 (fraudulently or dishonestly using forged document or electronic record as genuine) at the Civil Lines police station.