Fraud of Rs 1.33 crore crore detected, SBI files case

Times of India: Agra: Sunday, March 18, 2018.

State Bank of India, Sanjay Place branch has filed an FIR against 14 persons for taking a loan of Rs 1.33 crore loan in a fraudulent way.

According to the FIR filed by bank manager Vineet Kumar Shukla, a local resident claiming himself to be owner of a car showroom in Greater Noida took a loan for 18 luxury cars by forging papers, a loan which he never repaid. The matter came to light when bank filed RTI to RTO in order to find about cars details and were astonished to know that only one VIP registration number was issued while for the remaining cars the papers were cancelled. According to SBI, the accused Rajat Kulshetra had claimed that he owned, M/S J R Automotive near CP Market Ansal Plaza in Greater Noida, but internal probe revealed, that there is no such showroom in Greater Noida.

The loan was taken between December 27, 2014 and November 17 2015 from State Bank of Patiala, Sanjay Place branch, which was merged with SBI.

The loan amounts ranged from Rs 6 lakh to Rs 10 lakh.

Taking cognizance of the major scam, the then field officer Grijesh Gautam and branch manager R K Verma were suspended. Later, on January 31, 2017, Verma retired from service.

In the FIR, Shukla have named Rajat Kulshetra of Vardaman house bank colony as the main accused and claimed that his wife Shalini Kulshetra and his 12 other associates identified as Yatendar , Abhay Kumar Singh, Deep Kumar, Akashya Kulshetra, Rajeev Kulshetra, Vinay Kumar Sharma, Mohit Jain, Anuj Pundhir, Sunil Pundhir, Vijay Kumar Gupta, Ajay Singhal and Mayank Agrawal were involved in the scam. All the 14 have been booked under IPC sections 120 B (Punishment of criminal conspiracy), 406 (Punishment for criminal breach of trust), 420 (Cheating and dishonestly inducing delivery of property), 467 (Forgery of valuable security, will, etc), 468 (Forgery for purpose of cheating) and 471 (Using as genuine a forged document).

Several attempts were made to contact SBI public relations department, but none responded.

Assistant superintendent of police, Raveen Tyagi said, “Our team will probe the matter and soon will crack the case to arrest the accused involved in the scam.”

Earlier in January, two HDFC employees of Sanjay Place branch along with a local film producer siphoned off Rs 98 lakh from a dormant account of a local hospital director.