Men posing as techies dupe nationalised bank of ₹30 lakh with forged salary slips
Two men posing as techies in reputed companies allegedly cheated a nationalised bank by obtaining loans using forged salary slips, fake bank statements, and fabricated
Two men posing as techies in reputed companies allegedly cheated a nationalised bank by obtaining loans using forged salary slips, fake bank statements, and fabricated employment records two years ago. The fraud came to light nearly two years after the loans were sanctioned when the borrowers defaulted on repayments. According to complaints filed by an assistant manager of the nationalised bank’s Air Cargo Complex branch at Kempegowda International Airport, the accused had approached the bank claiming to be employed with reputed private companies and submitted forged documents to establish their creditworthiness.
In the first case, an accused claimed to be employed with a leading tech company, drawing a monthly salary of ₹1,01,541. To support his claim, he allegedly furnished salary slips for July and August 2023 along with purported bank account statements. Based on the documents submitted, the bank sanctioned a loan of ₹15 lakh on January 30, 2024. In the second case, another accused claimed to be working for another leading tech company and earning a monthly salary of ₹1,09,974. He allegedly submitted salary slips covering the period from August 14, 2023, to February 8, 2024, along with bank statements and other supporting documents.
Based on these records, he too obtained a loan of ₹15 lakh from the bank on February 22, 2024. The fraud remained undetected until both borrowers allegedly defaulted on their loan repayments. During a subsequent verification exercise, bank officials found discrepancies in the documents submitted by the accused. A detailed scrutiny reportedly revealed that the salary slips, employment records and bank statements used to secure the loans were forged. The police have registered cases under the Bharatiya Nyaya Sanhita (BNS), 2023, relating to cheating, forgery, criminal breach of trust and the use of forged documents as genuine.
The police have registered two separate FIRS against Guttua Venkatarao and Pavankumar Yelavarthi, charging them under criminal breach of trust, cheating and forgery for further investigation. The police are also examining whether the accused acted independently or were part of a larger network involved in creating fake salary documents, forged bank statements and fabricated employment records to obtain loans from financial institutions.
The BriefWire