Jammu CBI arrests two in fraud case

Jammu: The sleuths of Central Bureau of Investigation Jammu have arrested two persons for fraudulently withdrawing cash worth lakhs from different banks by submitting forged documents.
“A complaint was lodged with us some months back regarding sanction of car loan in the name of a victim from Indian Bank following which a case was registered and investigation started,” J P Mishra, SP CBI Jammu here said.
He said that during course of investigation, it was found that two persons by submitting forged documents had got loan worth lakhs sanctioned in their favour from the bank.
“On tip off, last night raids were conducted in Talab Tillo area here and both the accused were nabbed,” said the CBI officer.
He further added that during questioning, the accused persons, identified as Sarabjeet Singh and Vikram Singh, had revealed that they had fraudulently withdrew the amount from the bank.
“Not only in one case but by means of fraud, they had withdrawn lakhs from different banks,” said Mishra, adding, “no cash was recovered from them initially.”
They have been sent on police remand for further action, he added.