New Delhi, August 5
An MBA graduate was arrested right here for allegedly posing as a financial institution worker and duping individuals on the pretext of offering them loans on low rates of interest, police stated on Wednesday.
Hifzur Rahman, 28, is from Siwan in Bihar and presently staying right here in Madangir village, they stated.
The matter got here to mild on Tuesday when Kamal Kumar acquired a name from a financial institution in Greater Kailash-I the place he has his financial savings account. A financial institution worker had known as him to substantiate if he had submitted a cheque to withdraw Rs 10 lakh. On this, Kumar turned suspicious as he had by no means issued any cheque of such a giant quantity, police stated.
Kumar rushed to the financial institution and police had been knowledgeable.
Police questioned Rehman, who had submitted the cheque on Kumar’s behalf, and detained him later, Deputy Commissioner of Police (South) Atul Kumar Thakur stated.
“During investigation, we got to know that Kumar had given three cancelled cheques to two persons for a loan of Rs 2 crore and Rehman was one of them. Both of them had impersonated employees of a bank and duped the victim on the pretext of providing him a loan of higher amount at a low interest rate with a few formalities,” he stated.
A case was registered on the Greater Kailash police station, the DCP stated, including that Rahman was arrested and efforts are being made to nab his associates.
During interrogation, Rehman disclosed that he alongside along with his confederate hatched a conspiracy to earn cash by means of unlawful means. So, they launched themselves as financial institution staff and lured individuals on the pretext of offering them a mortgage at a low rate of interest, he stated.
They would take cancelled cheques, financial institution statements and different paperwork from their targets after which alter the quantity on the cheque based mostly on the stability of their financial savings account.
Several IDs, cheques, ATM playing cards, stamps, cell phones, printers and laptops have been recovered from their possession, the police stated.
The financial institution accounts of the accused and his affiliate are being checked to get better the cheated cash, they stated. PTI