Loan agent quit job,opened accounts with stolen cheques

A man was held for allegedly fraudulently withdrawing Rs 22 lakh from the bank accounts of individuals and companies.

Police said the accused,Sanjay,a resident of Gorakhpur in Uttar Pradesh,was apprehended with cheques of Rs 22 lakh belonging to different persons and companies which he had obtained in connivance with courier service employees. A former loan agent,the accused would take cheques from courier firm employees and open bank accounts in their name,later withdrawing cash from the accounts through debit cards and cheques.

Sanjay had earlier been arrested in cheating cases in Delhi and Noida; he was also slapped with charges under the Gangster Act. He was arrested from near Lady Shri Ram College when he came to meet his associates on a stolen motorcycle.

Upon searching him,documents like cheques of different persons and companies,PAN cards and election identity cards were recovered from his possession, Ajay Chaudhry,ACP (Southeast) said.

Sanjay told police he used to prepare forged documents like election cards,electric bills,driving licence and identity cards in different names and obtained original PAN Cards in different names by putting his photos.

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