National

DELHI POLICE EOW SOLVED HOME LOAN FRAUD CASE

November 19, 2020 11:28 AM

• ACCUSED HAD TAKEN A HOUSE IN POSH LOCALITY OF EAST DELHI ON RENT AND TOOK THREE LOANS AGAINST RENTED HOUSE BY PREPARING FORGED CHAIN OF TITLE DOCUMENTS.• ACCUSED HAD FRAUDULENTY TAKEN THREE HOME LOANS WORTH RS. 6.70 CRORE FROM AXIS BANK, RELIANCE HOME FINANCE LTD & CHOLAMANDLAM INVESTMENT & FINANCE COMPANY • ONE OF THE HOME LOANS WAS TAKEN IN THE NAME OF DEAD PERSON

  New Delhi (Face2News)

Delhi Police EOW reported to have solved home loan case.  Dr. O.P MISHRA, IPS, Joint Commissioner of Police, Economic Offences Wing,  Delhi Police, New Delhi, said, owner of property No. D-117, Surajmal Vihar alleged that she is the registered owner of property No. D-117, Surajmal Vihar, Delhi. She had given the said property to Rahul Sharma, Sachin Sharma and Mange Ram Sharma on rent vide registered rent agreement dated 09/04/14. Thereafter, on the expiry of Rent Agreement dt. 09/04/14, Sachin Sharma & Rahul Sharma entered into a Lease Deed dt. 09.02.2016 with her & continued to reside as tenants in the said property.

In July 2016, her husband received a telephone call from officials of M/s Cholamandlam Investment and Finance Company Limited whereby it was learnt that Rahul Sharma has taken a loan amounting is Rs. 2.25 Crore against the security of her property no. D 117, Surajmal Vihar, Delhi and said Rahul Sharma is untraceable.

Accused in police net

In July 2016, her husband received a telephone call from officials of M/s Cholamandlam Investment and Finance Company Limited whereby it was learnt that Rahul Sharma has taken a loan amounting is Rs. 2.25 Crore against the security of her property no. D 117, Surajmal Vihar, Delhi and said Rahul Sharma is untraceable.She also discovered that besides the above mentioned loan, Rahul Sharma, Sachin Sharma and Mange Ram Sharma in connivance with others had also obtained loan of Rs. 2.19 Crores and Rs 2.25 Crores from Axis Bank & Reliance Home Finance Ltd respectively against her property i.e. D 117, Surajmal Vihar, Delhi in March-April 2015.  

She also discovered that besides the above mentioned loan, Rahul Sharma, Sachin Sharma and Mange Ram Sharma in connivance with others had also obtained loan of Rs. 2.19 Crores and Rs 2.25 Crores from Axis Bank & Reliance Home Finance Ltd respectively against her property i.e. D 117, Surajmal Vihar, Delhi in March-April 2015.
Investigation: A case vide FIR NO.52/17 dated 30.03.2017 U/s 420/467/468/471/120-B IPC was registered at PS EOW, New Delhi and investigation was taken up.

During investigation, it surfaced that accused Sachin Sharma in criminal conspiracy with his father Mange Ram Sharma & other accused persons had prepared three parallel forged chain of title documents of property no. D-117, Surajmal Vihar, Delhi.

The accused persons also prepared fake Death Certificate of Rita Babbar and forged Surviving Member Certificate to the effect that Ravinder Babbar, Rajesh Babbar & Sunita Babbar are legal heirs of Rita Babbar. Thereafter, vide registered Relinquishment deed dated 10.11.14 and Registered Rectification Deed dt. 28.01.15 relinquished their purported share in the property in favour of Sunita Babbar.

Accused lady impersonating herself Sunita Babbar sold the property to Mange Ram Sharma, Rahul Sharma vide Registered sale deeds. Mange Ram Sharma & Rahul Sharma took home loans from Axis Bank, Reliance Home Finance Ltd and Cholamandlam Investment & Finance Company Ltd. While the real Mange Ram Sharma died on 21.04.2015, the home loan with Cholamandlam Investment & Finance Company Ltd was disbursed on 30.04.2015 in the bank account of real Mange Ram Sharma. During investigation, the analysis of bank accounts of Mange Ram Sharma revealed that accused Sachin Sharma is operating the accounts of Mange Ram Sharma who died on 21.04.2015. Sachin Sharma had withdrawn the loan money from the bank accounts of deceased Mange Ram Sharma.

Team: A team comprising of SI Parveen Badsara, SI Chetan Mandia, Ct. Lalit and Ct. Mohan under the supervision of Amar Deep Sehgal, ACP/EOW & overall leadership of Mohammad Ali, IPS, DCP/EOW was constituted to arrest accused Sachin Sharma. Further investigation is in progress.

 
Have something to say? Post your comment
Copyright © 2017, Face 2 News, All rights reserved. Terms & Conditions Privacy Policy Disclaimers