Fraudsters Hatch Aud(i)acious Plan to Cheat Bank, Arrested

Bangalore, Jul 16 (Bangalore Mirror): She has not done her PUC, but has graduated in cheating banks. Claiming to be a top ranking staffer of a multinational company, she has taken a co-operative bank for a ride in the city. She availed a loan of Rs 60 lakh on the pretext of buying an Audi Q7 car and disappeared. On verification, bank officials found that she had duped them by submitting forged documents and lodged a complaint with the Koramangala police.

She has been caught by the police along with her paramour. Investigations revealed that she has cheated several banks.

This is the story of Radha Agarwal who is in her mid-twenties. She is from Nagarbhavi but at present lives in Basaveshwaranagar with a man named Ashok Kumar. She walked into Saraswat Co-operative Bank’s Koramangala branch dressed like a top-rung executive. She was wearing international brand clothes and eye glasses. The bank staffers were impressed by her mannerisms and fluency in English.

She claimed to be a staffer of an MNC bank and submitted a few forged documents to support her claim. She requested a loan to buy a top-end car.

Without suspecting her credentials, the bank staff sanctioned the loan and gave a pay order in the name of the vehicle dealer from where she had got a quote on the price of the car. When bank officials called the vehicle dealer for clarifications, the call was answered by Ashok Kumar. Actually, Agarwal had given his telephone number to mislead the bank’s officials.

Agarwal allegedly opened a bank account in the name of the company in another bank and got the loan funds. Police got a clue about her when they learnt of huge transactions from her account. They traced her and Ashok Kumar to his house at Basaveshwaranagar.

Both have been sent to judicial custody.

DCP Dr P S Harsha told Bangalore Mirror, “We have recovered the entire amount from the duo.”