Daijiworld Media Network-Mangaluru (RJP)

Mangaluru, Sep 27: A cheating case stands registered at Bunder police station regarding cheating of a bank manager by an appraiser.

As per details, Rajesh Acharya worked as appraiser at Gokarnanatha co-operative bank as jewelry appraiser. In January 2014, Rajesh Acharya opened an account at the bank with his wife and brother-in-law (wife’s sister’s husband). Using that account they pledged 10 fake jewelry ornaments and availed a loan from the bank. The fake jewelry was certified as genuine by Ganesh Acharya.

When the bank manager Praveen Kumar discovered about this, Rajesh Acharya admitted to the mistake and said he would pay once he got the money. He even asked Praveen Kumar to pay the money which he would pay later. Praveen Kumar arranged Rs 21 lac and paid the amount into the loan account and closed the matter. But he made sure that Rajesh pledged his apartment for the money owed. As a security, Rajesh gave power of attorney to Praveen Kumar and made necessary documents to prove that he owed money to Praveen Kumar. If the payment was not made in time as agreed, Praveen could sell the apartment using the power of attorney given to him.

But Rajesh Acharya went to another bank and pledged his property papers and borrowed Rs 18 lac again in March 2014. Rajesh Acharya is said to have taken the help of other people to avail the loan.

Praveen kumar, upon knowing about Rajesh Acharya availing loan from another bank pledging the property already pledged to him, has gone to the police station to complain about cheating and breach of trust.

Bunder police have registered the case and are investigating.