Monday, April 21, 2008

Four arrested for cheating bank using fake documents

Hyderabad police on Saturday arrested a four-member gang on the charges of cheating banks with forged and fake documents. The four accused Chowdary Vijaya Kumar, 28, a resident of Madinaguda, Rajender Kumar, 27, of Bhagatsinghnagar in Kukatpally, Kallasheka Sampath Kumar, 48, of Dilsukhnagar and Dadda Srinivas, 27, of KPHB Colony formed a gang.

In a press meet Cyberabad police commissioner S Prabhakar Reddy told the four accused had created fake documents like salary certificates, ID cards of various companies to secure loans.

Prabhakar Reddy said the accused had created documents of Satyam Computers and Birla Soft Ltd and fake driving licenses in different names. With these fake documents the four applied for credit cards and were able to get 14 credit cards from banks like HSBC, ICICI, CitiBank, SBI, Centurion Bank. With these credit cards, they made purchases and cheated banks to the tune of Rs 11 lakh.

He said the gang had even bought a Ford Ikon car with these fabricated documents. Police had also arrested a businessman for purchasing stolen property.

The police commissioner said the gang members also purchased gold ornaments, garments and cell phones with money apart from spending huge amounts in bars and restaurants.

He told Sampath Kumar was arrested while disposing of gold ornaments to Shantilal Jain of Adinath Finance in Moosapet.

Miyapur police has recovered Ford Icon car, six credit cards, four fake driving licenses, eight cell phones, a Tata walky, five sim cards, a cheque book, printer, scanner, monitor and Rs 50,000 cash from them.

Prabhakar Reddy told Vijaya Kumar and Rajender Kumar studied B Sc computers, while Srinivas was a DTP operator. Vijay Kumar was reportedly involved in criminal cases, while Rajender Kumar is wanted in a dowry harassment case..

While the businessman Shantilal Jain, 48, of Moosapet, was arrested for purchasing stolen property from the gang.

Meanwhile, one Seelam Shetty Venkata Ramana alias Sreenu was arrested by the Saroornagar police when he was trying to dispose of stolen property near Konark theatre in Dilsukhnagar on Saturday. His friend Kondala Rami Reddy, 35, has also been arrested for assisting him.

Venkata Ramana used to do robbery in the locked houses. He is involved in 13 burglaries in the city and five in Vijayawada and Guntur.

1 comment:

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