A 56-year-old civil engineer was arrested for allegedly forging cheques and cheating a public bank of ₹ 5.20 crore, police said on Monday. While ₹ 1.52 crore was withdrawn in cash, the remaining was diverted to different accounts of shell firms, they said. A complaint was received from a public bank at Sansad Marg in Delhi regarding the fraudulent withdrawal of money from the account of a private university.
In August 2019, three cheques purportedly issued from the university were presented in the bank for clearance, a senior police officer said. Two cheques were presented for clearance through a bank and the same were cleared. An amount of ₹ 5.20 crore was transferred to two different accounts, one in Vadodara, Gujarat and another in Betul, Madhya Pradesh. The third cheque was presented through a different bank, but the amount was stopped during the process, police said. The amount was diverted from the account of a first-level beneficiary to the account of five shell firms in Delhi. It was then diverted to different accounts, the officer said.
During the investigation, it was revealed that a cheque of ₹ 2.5 crore was credited to the account of NS Infrastructure in Vadodara, Gujarat, and another of ₹ 2.7 crore was credited to the account of an NGO in Betul, Madhya Pradesh, Deputy Commissioner of Police (EOW) Vikram Porwal said. Further, ₹ 2.07 crore was again diverted from the account of the NGO to the account of NS Construction. Both the firms were found registered in the name of Sangeeta Nagre, the wife of Sharad Nagre, the DCP said. The cheated amount of ₹ 4.16 crore was further transferred to Delhi in the account of five alleged shell firms by the accused using his mobile. He kept ₹ 42 lakh from the cheated amount as his share, Porwal said.
The alleged five shell firms do not exist at the addresses mentioned in the bank accounts. Further, on scrutiny of the account statements of the five alleged firms, it was revealed that an amount of ₹ 1.52 crore had been withdrawn as cash, police said. The accused was arrested on Saturday, the DCP said. Nagre disclosed that the details of bank accounts of shell firms were provided by Amit Aggarwal, who has already been arrested, and Ashok, they said. Forged cheques purportedly issued by the victim bank were used to withdraw the amount which was diverted to different accounts. From these accounts, the amount was diverted to the accounts of shell firms. Thereafter, some amount was withdrawn in cash and the remaining was diverted to different accounts, police added.
Engineer Arrested For Forging Cheques, Cheating Bank Of ₹ 5.2 Crore In Delhi.
A complaint was received from a public bank at Sansad Marg in Delhi regarding the fraudulent withdrawal of money from the account of a private university.
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