Latest news with #AdityaPatle
Time of India
12-07-2025
- Business
- Time of India
Gang involved in loan fraud using forged salary slips busted, 2 held
Indore: Vijay Nagar police busted a gang involved in large-scale loan fraud using forged salary slips of a reputed company and arrested two persons on Saturday. "The accused were operating a sophisticated scam by exploiting loopholes in the banking system and presenting themselves as salaried employees of Blue Star Company to secure personal and vehicle loans worth several lakhs from multiple banks," said ACP Aditya Patle. "The fraud came to light following a complaint from HDFC Bank, which reported suspicious documents submitted during a loan application. The documents included fake salary slips and account statements showing regular salary credits from Blue Star Company," he said. During the investigation, it was found that the accused opened a current account in the name of Blue Star using forged GST and business registration documents under the name of an AC technician associated with the company. They regularly transferred fixed amounts from this fake company account to their own and their associates' accounts, portraying them as monthly salaries. The arrested accused have been identified as Ravi Kumar Pal (32), a resident of Sadarpur, Noida, and Devendra Singh (30), a resident of Aanshal Town, Meerut. Both confessed during interrogation to obtaining documents like Aadhaar and PAN cards in fabricated names. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dette er Rolls-Royce'en av høreapparater (og koster under 89 €) Top Trending News Today Lær mer Undo "Devendra, for instance, opened a private bank account in the name of a fictitious person, Dev Sharma, and used that to secure an Rs 11 lakh loan from another private bank by showing fake salary credits," he said. "Ravi Pal used similar tactics by manipulating Aadhaar-linked mobile numbers. He convinced an acquaintance, Shailesh Ahirwar, to link his (Ravi's) number to Shailesh's Aadhaar card. Later, he used OTPs to update Shailesh's address to Indore and created a fake PAN card in Shailesh's name with his own photograph. Using this identity, he opened a bank account, produced forged salary slips, and secured another Rs 11 lakh loan from a private bank," he said. The accused are believed to have previously defrauded several banks of nearly Rs 50 lakh. Encouraged by past success, they attempted another loan using similar methods when HDFC's internal verification raised suspicion, prompting a police complaint. Both accused have been produced before court and are currently in police custody for further interrogation. Investigators are now probing the extent of the scam and identifying other possible accomplices.
Time of India
12-07-2025
- Business
- Time of India
Gang busted for Rs 50 lakh loan fraud using forged salary slips; 2 held in Indore
INDORE: Vijay Nagar police busted a gang involved in large-scale loan fraud using forged salary slips of a reputed company and arrested two men in this connection on Saturday. 'The accused were operating a sophisticated scam by exploiting loopholes in the banking system and presenting themselves as salaried employees of Blue Star Company to secure personal and vehicle loans worth several lakhs from multiple banks,' said ACP Aditya Patle. 'The fraud came to light following a complaint from HDFC Bank, which reported suspicious documents submitted during a loan application. The documents included fake salary slips and account statements showing regular salary credits from Blue Star Company,' he said. During the investigation, it was found that the accused had opened a current account in the name of Blue Star using forged GST and business registration documents under the name of an AC technician associated with the company. They regularly transferred fixed amounts from this fake company account to their own and their associates' accounts, portraying them as monthly salaries. The arrested accused have been identified as Ravi Kumar Pal (32), a resident of Sadar Pur, Noida, and Devendra Singh (30), a resident of Aanshal Town, Meerut. Both confessed during interrogation to having obtained documents like Aadhaar and PAN cards in fabricated names. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why seniors are rushing to get this Internet box – here's why! Techno Mag Learn More Undo 'Devendra, for instance, opened a private bank account in the name of a fictitious person, Dev Sharma, and used that to secure an Rs 11 lakh loan from another private bank by showing fake salary credits,' he said. 'Ravi Pal used similar tactics by manipulating Aadhaar-linked mobile numbers. He convinced an acquaintance, Shailesh Ahirwar, to link his (Ravi's) number to Shailesh's Aadhaar card. Later, he used OTPs to update Shailesh's address to Indore and created a fake PAN card in Shailesh's name with his own photograph. Using this identity, he opened a bank account, produced forged salary slips, and secured another Rs 11 lakh loan from a private bank,' he said. The accused are believed to have previously defrauded several banks of nearly Rs 50 lakh. Encouraged by past success, they attempted another loan using similar methods when HDFC's internal verification raised suspicion, prompting a police complaint. Both accused have been produced before court and are currently in police custody for further interrogation. Investigators are now probing the extent of the scam and identifying other possible accomplices.
Time of India
21-06-2025
- Time of India
Bride's brother-in-law held in hotel jewellery theft case
Indore: Lasudia police have arrested brother-in-law of the bride in the Rs 20 lakh gold and diamond jewellery theft at a hotel room where wedding guests from Uttar Pradesh were staying. While the accused works in a bank and is very well-to-do financially, police suspect he could have committed the crime because of an impulse control disorder — kleptomania. Police said the incident occurred at a hotel in Nipania, where the victim, along with her relatives, checked in after attending a wedding at a marriage garden. On the night of June 19, around 10:30pm, the family locked their hotel room and went upstairs for dinner. When they returned around 1:30am, they found the purses belonging to the bride and her maternal aunt tampered with. Upon checking, they discovered that gold and diamond ornaments, along with Rs 9000 in cash, were missing. Following the complaint, Lasudia police registered a case and initiated an intensive investigation. ACP Aditya Patle said a team was formed, and it thoroughly reviewed CCTV footage from the hotel premises and questioned the hotel staff, the complainant, and her relatives individually. Suspicion soon fell on the complainant's brother-in-law, who had accompanied the family to the police station and was pressuring officers to take swift action in lodging the complaint. His inconsistent statement and the driver's input regarding his unusual behaviour led police to question him further. During questioning, the accused confessed to the theft, revealing he hid the stolen jewellery at a friend's residence in Casa Vilas Colony. The police recovered the entire stolen loot from the said location. Items recovered include a gold necklace weighing approximately 58 grams, a pair of gold earrings weighing 21 grams, three gold rings weighing 13 grams, a gold chain weighing 30 grams, and a diamond-studded ring, all valued at around Rs 20 lakh. The accused tried to deflect suspicion by pretending to be a victim himself and attempting to lead the investigation from the front. Soon after coming to know that the accused was from their own family, the kin requested police to withdraw the FIR, but since the crime was committed, the FIR was registered.
