Loan fraud: Chandigarh man duped of ₹65,000

A man was duped of ₹65,500 over repayment of a loan. The victim, Dharambir Singh, stated in his complaint that he had taken a loan of ₹15,62,107 from Aadhar Housing Finance Limited in Zirakpur. He had paid ₹65,500 in total over several EMI payments and had even been issued fake receipts for the same. However, he later found out that the amount had not been deposited towards repaying his loan and he informed the police.

A case under Sections 406 (criminal breach of trust), 420 (cheating), 467 (forgery of valuable security, will etc), 468 (forgery for the purpose of cheating), 471 (using as genuine a forged document or electronic record), 201 (causing disappearance of evidence of offence, or giving false information to screen offender)