Major bank fraud has been unearthed in Nagpur recently. According to the Police, six fraudsters cheated city-prominent ICICI bank to Rs 1.07 crore.
Sitabuldi police have booked all six accused for duping the bank.
According to the information, the accused submitted forged documents of vehicles to receive the loan of Rs 1.07 crore from ICICI Bank’s Sitabuldi branch at Akashwani Square in August last year.
The fraud came to light when the accused started to ignore the EMIS of the loan.
Based on the complaint of Amit Virendra Kuchekar (42), Regional Head, Sales, ICICI Bank, Sitabuldi police have registered the case under Sections 420, 464, 468, 471 and 34 of the Indian Penal Code and probing the matter further. No arrest has been made in the case so far.