Panchkula: Two men have been arrested in a fake loan scam in which a woman was allegedly cheated of Rs 10.70 lakh after her loan amount was fraudulently inflated. A third accused is still absconding. Police said efforts are on to trace him. They added that the possible involvement of bank employees is being examined.The case was registered on Dec 30, 2025, on a complaint filed by a resident of Kharar. She alleged that accused Rahul Aggarwal, Abhishek Dhir and Prashant misused her documents and got a loan of Rs 18 lakh sanctioned from State Bank of India, Sector 4, Panchkula, even though she had applied for only Rs 7 lakh.According to the police, the accused took blank cheques signed by the woman as security and later misused them to transfer Rs 8.6 lakh and Rs 2.10 lakh into their accounts. The complainant also stated that an insurance policy was issued in her name without her knowledge.A case was registered at Sector 5 Police Station under relevant sections of BNS. During investigation, police found that the accused had prepared forged No Objection Certificates (NOCs) in the name of Cholamandalam Investment and Finance Company and Punjab State Co-operative Bank to secure approval for the loan. Examination of records further revealed outstanding liabilities.Police said they have collected WhatsApp chats, bank documents and other records as evidence. Both Rahul Aggarwal and Abhishek Dhir were already lodged in jail in another case and were brought on production warrants for questioning. During two days of police remand, they confessed to preparing the forged documents. Police have also identified and seized the laptop used in the crime. MSID:: 129720186 413 |
