Mumbai cops nab man from New Delhi for Rs 3.5 crore loan fraud

MUMBAI: The Mumbai police's Economic Offences Wing arrested a man from Delhi for allegedly procuring a loan of Rs 3.5 crore fraudulently in the name of a businessman, police said on Monday.


The accused, identified as Goregaon-resident Sameer Manoranjan Das (43), was on the run for the past three years and was nabbed from a luxury hotel in

Dwarka

area of New Delhi last Sunday, an official said.

"Das had obtained a loan in the name of a 45-year-old businessman by

forging

the latter's signature. After the loan amount was transferred in the bank account of the businessman, Das immediately transferred Rs 2.83 crore in his account and remaining amount in other accounts," he said.

On the complaint of the businessman, an offence under section 420, 465, 467, 468 and 120(B) of IPC was registered at EOW, he said.

"Based on a specific tip-off, police raided the hotel and nabbed the accused. He was produced before a court in New Delhi which gave transit remand after which he was brought to Mumbai," he added.