The police station on Monday arrested a man accused of using a loan from a bank with forged documents by pretending to be someone else. The fraudster was identified as Smrutiranjan Sahoo, from Niali region in Cuttack district.
Senior police officials said that in addition to duping several people, the defendant Smrutiranjan also defrauded banks and a private finance company to obtain loans for the acquisition of several assets.
Smrutiranjan was arrested following a written complaint filed by a certain Santosh Kumar Sahoo from Ranpur region in Nayagarh district. It is alleged that the accused benefited from a loan of Rs 1.40 lakh from the Central Bank of India by submitting false documents using the name of the complainant.
Senior officials said the plaintiff wanted a loan from the Central Bank of India and was shocked after finding out that a loan had already been issued against his name. He later lodged an FIR at Sleeveswar police station in connection with the fraud.
ACP (Zone 5) Sanjeeb Satpathy said several forged documents including Aadhar, PAN cards, marriage certificate and identity cards were recovered during a search of the home of the accused.
“It has been established that the accused had a habit of forging documents to impersonate and commit crimes. The accused was found to have used his photograph on several important documents while the name and other identification belonged to the victims, ”Satpathy said.
Satpathy added that the accused also received loans from a private finance company with the help of an account he opened at the bank using false documents.
“So far we have discovered that the accused had duped the finance company and purchased items worth almost Rs 4.5 lakh using this money. We suspect that many other people were also duped by the accused in the same way. The number of such victims may increase as the investigation progresses, ”added Satpathy.