₹5.65 Crore Loan Allegedly Taken in Deceased Man’s Name; Five Booked

Nagpur : In a suspected financial fraud, a loan amounting to ₹5.65 crore was allegedly obtained in the name of a deceased man, following which police have booked five persons in connection with the case.

According to the complaint, the loan was allegedly processed and sanctioned using the deceased man’s identity and documents even though he had already passed away. The alleged irregularities came to light during scrutiny of the loan-related records.

Police have registered a case against the five accused and are investigating their alleged roles in the transaction. Investigators are also examining the documents submitted for the loan, the movement of the funds and the circumstances under which the loan was sanctioned. Police have booked Devendra punekar,Nitin Punekar,Mahendra punekar, and Dharmendra punekar all residence of koshti pura sitabuldi

Further details are awaited as the investigation progresses.