Jammu crime branch files challan in Rs.8L bank loan fraud case in Samba
Jammu, Nov. 11 -- The Jammu crime branch, on Tuesday, filed a chargesheet before the Munsiff court in Samba district against a man in a bank loan fraud amounting to nearly Rs.8 lakh.
Rahul Sudan of Dhyansar in Bari Brahmana was booked in case FIR No. 27/2022 under Sections 420, 465,467, 468, 471 of Ranbir Penal Code (RPC) registered at the Police Station Crime Branch (EOW) Jammu.
The case involved systematic fraud, forgery and cheating concerning a vehicular term loan obtained through deceptive practices, said an official spokesperson.
The investigation was initiated on a written complaint lodged by Canara Bank branch manager Nikhil Singh Jamwal.
The total financial amount involved in the case centres on a term loan of Rs.7.92 lakh sanctioned to the accused on June 14 in 2016, for the purchase of a Honda City car (JK21C-5636), with an outstanding amount of Rs.5,64,201 subsequently recorded during the investigation.
During investigation it came to fore that the accused was a habitual offender with prior similar fraud cases registered against him.
The crime branch established offenses under Sections 420, 465, 467, 468, and 471 of the RPC against the accused.htc...
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